Israeli announces the commencement of another large-scale attack on Iran, Sky News Arabia reports

The announcement of a large-scale Israeli attack on Iran marks a significant escalation in regional tensions, likely impacting oil prices and global risk sentiment.

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Deputy Commander of the Iranian Army Central Command said Iran has not closed the Strait of Hormuz; Iran is currently handling ships passing through the Strait in accordance with relevant international rules and existing agreements, CCTV reports

US officials have discussed sending special operations teams into Iran to target senior Iranian Revolutionary Guard Corps (IRGC) officials and people familiar with Iran's nuclear programme, Middle East Eye reported overnight citing a Gulf official

Israeli announces the commencement of another large-scale attack on Iran, Sky News Arabia reports

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Such developments typically support safe-haven assets like gold and the JPY while exerting pressure on riskier currencies and equities. Traders should monitor how this situation evolves, as further escalation could lead to broader geopolitical consequences and volatility across multiple asset classes.

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