Israeli Defence Ministry says the military has been instructed to continue striking Iranian national infrastructure with full force
The Israeli Defence Ministry's instruction to escalate military operations against Iranian infrastructure signals a potential escalation in geopolitical tensions in the Middle East.
SNN reports the sound of huge explosions in Abu Dhabi
Iran suggests that Qatari ships were turned away from the Strait of Hormuz
Israeli Defence Ministry says the military has been instructed to continue striking Iranian national infrastructure with full force
"The Iranian Revolutionary Guard announces the targeting of American and Israeli operations command headquarters and industrial infrastructure", via Iraqi News Agency; an amphibious assault ship was targeted
IAEA says it can confirm the recent impact of military strikes near Iran's Bushehr nuclear facility, but has not been damaged by these strikes
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This could create volatility in oil prices, particularly impacting WTI, as well as safe-haven assets like gold. Traders should watch for market reactions in the USD, JPY, and GBP given the interconnectedness of geopolitical risks and currency markets.
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