Iran claimed its missile/drone attacks on Israel and oil facilities in UAE, Kuwait, Saudi Arabia after ceasefire was announced were in retaliation for US/Israeli attacks, but US defense official claimed strike on Iranian refinery wasn't US or Israel
Context
Iran's recent missile and drone attacks on Israel and oil installations in the Gulf region highlight an escalation in regional tensions following a ceasefire. This retaliation narrative could impact energy prices and geopolitical stability, likely drawing market attention towards crude oil prices and safe-haven assets like gold and the JPY amidst fears of a broader conflict.
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