IRGC Aerospace Force Commander says they targeted the oil refinery, power plants, ports, and railway lines in Haifa Bay, and no interception of our missiles was recorded, Al Jazeera reports

This development highlights an escalation in regional tensions, particularly affecting energy markets due to the targeting of critical infrastructure in Haifa Bay. Given that no interceptions were noted, there’s a heightened risk of supply disruptions which could push oil prices higher, particularly WTI. Traders should closely monitor for further military responses or international reactions that might influence market sentiment.