Israeli army says it just completed a wave of strikes targeting infrastructure belonging to Iranian regime in Tehran

Context

The Israeli army's recent strikes on Iranian infrastructure signal a potential escalation in regional tensions, which could have significant implications for energy prices and safe-haven assets like gold. As hostilities intensify, markets may react with increased volatility in the forex and commodities space, particularly impacting the USD and WTI crude oil. Traders should monitor how these developments might alter risk sentiment and affect broader geopolitical dynamics.

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