FBI has warned police departments in California that Iran wants to retaliate for American attacks by launching drones against the West Coast, according to ABC
The FBI's warning about a potential drone attack from Iran significantly heightens geopolitical tensions, particularly around the West Coast of the U.S.
US State Dept. says Iran and Iran-alligned terrorist militias may be planning to target US-owned oil and energy infrastructure in Iraq; militias have also targeted hotels frequented by US citizens throughout Iraq, including in the Iraqi Kurdistan region
MARKET UPDATE: Equities see weakness and crude prices rise on reports that Iran aspired to attack California with drones in response to the war
FBI has warned police departments in California that Iran wants to retaliate for American attacks by launching drones against the West Coast, according to ABC
NY Fed RRP op demand at USD 0.55bln (prev. 0.28bln) across 4 counterparties (prev. 4)
Chubb (CB) reportedly the main US insurer for Persian Gulf shipping
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“We recently acquired information that as of early February 2026, Iran allegedly aspired to conduct a surprise attack using unmanned aerial vehicles from an unidentified vessel off the coast of the United State Homeland, specifically against unspecified targets in California, in the event that the US conducted strikes against Iran,” according to the alert distributed at the end of February. “We have no additional information on the timing, method, target, or perpetrators of this alleged attack.”
This type of escalation can lead to increased volatility in energy prices and safe-haven assets like gold, as markets often react to geopolitical risks. Watch for impacts on the USD and broader risk sentiment, especially in commodities and foreign exchange markets.
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