Israeli military says it has begun a broad-scale wave of strikes against Iranian infrastructure in Tehran

The Israeli military's announcement of a broad-scale wave of strikes against Iranian infrastructure marks a significant escalation in regional tensions. This development is likely to impact oil prices and safe-haven assets like gold, while also influencing currency fluctuations, particularly in the USD and JPY. Traders should brace for volatility in energy markets and consider how further geopolitical instability could affect broader economic sentiment.