Iran warns of strikes on regional energy, telecoms firms if US hits power plants, Al Jazeera reports

Iran's warning about potential strikes on regional energy and telecom firms in response to US actions escalates geopolitical tensions, particularly affecting energy markets.

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Tracking data shows more ships passing Strait of Hormuz, Al Jazeera reports

"Washington and Israel will expand the scope of strikes in Iran during the next phase", via Sky News Arabia citing Israeli press

Iran warns of strikes on regional energy, telecoms firms if US hits power plants, Al Jazeera reports

UAE Ministry of Defense says "UAE air defenses are dealing with missile and drone attacks coming from Iran", via Sky News Arabia

South Korean Finance Minister says closely monitoring FX markets; says bold and stern measures will be taken against speculative trading and market-disturbing activity.

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This could lead to supply concerns in the region, impacting not just oil prices, but also broader market stability as traders factor in the risks to oil flows and potential disruptions.

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