Iran's Mehr News Agency reports explosions and planes flying in some areas of Tehran
Context
The reported explosions and military activity in Tehran heighten geopolitical tensions, which could lead to increased risk aversion in the markets. This may particularly impact energy prices, as concerns about stability in the region often lead to volatility in oil markets, including WTI. Traders should monitor asset movements closely, particularly in safe havens like gold or the dollar, as markets digest this developing situation.
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