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Iran media reports major attacks on Tehran and explosions heard in Kerman, southeast of the country

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.

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Iran media reports major attacks on Tehran and explosions heard in Kerman, southeast of the country

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Context

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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