Iran's Fars News lists potential responses to US/Israel: 1. Destruction of the enemy's scientific and technological centers in the region (with a focus on Dubai), Counter-attack on scientific facilities in Israel and the UAE

The mention of Iran's potential military responses escalates geopolitical tensions in the region, particularly with a focus on Israel and potential hubs like Dubai. Market participants should consider the implications for oil prices and regional stability, which may affect commodity and FX markets, especially safe havens like gold and the dollar. This backdrop could lead to increased volatility across different asset classes as traders respond to developments.