Israel says paramilitary Basij senior commanders were targeted yesterday; there is a high probability that Senior officer Gholamreza Soleimani will be killed, Israeli media reports

Context

The targeting of senior Basij commanders in Israel indicates a significant escalation in regional tensions. This situation may lead to increased volatility in energy markets and potential safe-haven demand for assets like the USD, particularly if it suggests a protracted conflict. Watch for shifts in oil prices and currency flows as developments unfold.

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