Iran’s Army says it has targeted sensitive and strategic locations in Israel’s Tel Aviv with suicide drones, via Press TV
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Explosions in Ahvaz and Dezful in Iran, Iran International reports; explosion also heard at Sadrshimi Industries, a chemical subsidiary of Iran’s defense ministry, in Shiraz.
Elon Musk joined US President Trump and Indian PM Modi call on Tuesday about the Iran war, NYT reports; it is unclear why Musk was on the call or whether he spokes
Iran’s Army says it has targeted sensitive and strategic locations in Israel’s Tel Aviv with suicide drones, via Press TV
US Agriculture Secretary Rollins on Hormuz impact on fertilizer says i'm concerned about costs.
Iran's Parliament Speaker Mohammad Ghalibaf has emerged as a key figure in President Trump's push for peace talks with Tehran; Ghalibaf has shown a willingness to engage, via Axios
On the Newsquawk feed at , 20 minutes before this page.
Context
This headline indicates a significant escalation in tensions between Iran and Israel, which could lead to increased volatility in related asset classes. Markets may react by favoring safe-haven assets like gold or the USD, while energy markets, particularly crude oil, might see upward pressure due to concerns over potential disruptions in supply. Traders should monitor the situation closely as further developments could change the risk landscape quickly.
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