Iranian Revolutionary Guard says they targeted oil tanks and depots and an Israeli army site in Ashdod, according to Al Jazeera

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Iranian Revolutionary Guard says they targeted oil tanks and depots and an Israeli army site in Ashdod, according to Al Jazeera

Israel is conducting a raid on a southern suburb of Beirut, according to Al Jazeera

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Context

This headline indicates an escalation in regional tensions with the Iranian Revolutionary Guard's targeting of Israeli sites, which could affect oil supply dynamics given Israel's role in the energy market. Watch for potential spikes in oil prices, particularly WTI, as markets react to fears of further conflict or disruption, and consider the broader implications for risk assets and safe havens, such as gold.

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