Iranian Vice President says any attack on oil wells will be met with strikes on attackers’ oil facilities; says it will be beyond “eye for an eye” response, Mehr News reports

This statement from the Iranian Vice President signals a potential escalation in the geopolitical risk surrounding oil production targets, indicating that Iran may retaliate disproportionately against any attacks on its oil infrastructure. This rhetoric could heighten tensions in the region, likely influencing oil prices and impacting markets sensitive to energy supply disruptions, particularly in WTI and broader commodities. Traders should watch for reactions in oil markets as the situation develops.