Iranian media reports dozens of successive explosions in the city of Karaj, according to Sky News Arabia

The reports of successive explosions in Karaj could indicate escalating tensions within Iran, which might draw scrutiny regarding domestic stability and international responses.

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EU warns capitals against turning energy crunch into fiscal crisis and urges governments to avoid excessive support to offset surging energy prices, according to FT

BoE is reportedly divided on how to address energy-induced inflation and divisions are likely to reopen later this month over how aggressive it needs to be in tackling the impact of the Iran war, according to FT

Iranian media reports dozens of successive explosions in the city of Karaj, according to Sky News Arabia

South Korean lawmaker, citing the spy agency, says North Korea may be developing a multi-warhead ICBM by testing a new engine

PRE-MARKET INDIAN STOCKS NEWS: Banks' quarterly updates

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Market implications may emerge, particularly for oil prices and regional assets, as uncertainty often drives a flight to safety in havens like gold or the USD. It's crucial to monitor any further developments as they may signal either a short-term reaction or a more entrenched geopolitical shift.

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