Defense activity reported in Tehran to counter hostile targets, via Mehr News; Others report airstrikes on two building companies in Khorramshahr, Southwestern Iran

Recent defense activity in Tehran and reported airstrikes in Khorramshahr indicate rising tensions in the region, which could signal an escalation of conflict. This development is significant as it may influence risk sentiment across markets, particularly in energy and safe-haven assets like gold and the USD. Traders should be vigilant for potential market reactions as these situations evolve.