Iran media reports major attacks on Tehran and explosions heard in Kerman, southeast of the country
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UAE Ministry of Interior says air defences are dealing with missile threat
Kuwait's army is engaged in responding to incoming missile and drone threats
Iran media reports major attacks on Tehran and explosions heard in Kerman, southeast of the country
PBoC injects CNY 20.5bln via 7-day reverse repos with the rate at 1.40%
IDF launches a wave of strikes on infrastructure targets across Iran
On the Newsquawk feed at , 20 minutes before this page.
Context
The reports of major attacks in Tehran and explosions in Kerman could elevate geopolitical tensions in the region, potentially disrupting oil supply and impacting prices. Given Iran's significance in global energy markets, this situation may lead to a risk premium in crude, particularly WTI, as traders assess the likelihood of sustained conflict or further escalations. Monitor related asset classes for volatility and risk aversion, especially in energy markets.
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