Israel has shifted the focus of its air campaign from destabilizing Iran's ruling regime to crippling its military-industrial base, via WSJ

Israel's shift in its air campaign strategy signals a serious escalation in its military posture towards Iran, focusing now on its military-industrial base rather than destabilizing the ruling regime. This change is noteworthy as it may imply heightened geopolitical tensions in the region, which could have significant repercussions for oil prices, equities, and safe-haven assets like gold. Furthermore, with speculation around President Trump's potential interventions, it adds another layer of complexity to market outlooks both regionally and globally.