Iran Parliament Speaker says "Iran can target any location it chooses with fewer missiles."

"US claims that has destroyed Iran's missile capabilities. The initial waves of large-scale missile launches were intended to blind enemy radars and defense systems. Now, Iran can target any location it chooses with fewer missiles."

The statement from Iran's Parliament Speaker indicates a significant escalation in military capabilities, suggesting targeted precision strikes could soon be feasible. This development could exacerbate tensions in the region, particularly affecting energy markets as traders weigh potential disruptions in supply. WTI and related commodities may react to increased geopolitical risk premium, making this a crucial moment to monitor.