Explosions reported in Sirik and Khormoj, southern Iran, while a new wave of missiles were launched from Lorestan province in western Iran, towards enemy targets
The reported explosions and missile launches in Iran signal heightened regional tensions, which could impact oil supply dynamics.
[MARKET UPDATE] Mixed start to Asia-Pac trade after US-Iran escalation and with Japan closed for holiday, while KOSPI is pressured on return from a 3-day weekend
Israel's military says sirens sound in areas of Kfar Aza and Sa'ad
Explosions reported in Sirik and Khormoj, southern Iran, while a new wave of missiles were launched from Lorestan province in western Iran, towards enemy targets
UKMTO says it has received a report of the incident eight nautical miles northwest of Oman's Khumsar, with a vessel on fire, but the cause not verified yet
PRE-MARKET AUSTRALIAN & SOUTH KOREAN STOCK NEWS: Samsung Electronics (005930 KS) is expected to unveil a lineup of new products, including foldable smartphones and smart glasses, during its Galaxy Unpacked event this week, Japanese markets are closed
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This development may lead to increased volatility in crude prices, particularly WTI, as markets react to potential disruptions in the energy supply chain. Traders should watch for safe-haven currency movements and overall risk sentiment as the situation evolves.
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