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

Newsquawk StaffPublished 23 Mar 2026, 02:35 UTC

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02:31

Japan's Chief Cabinet Secretary Kihara says the government may consider a provisional budget to prepare for unforeseen circumstances

02:22

Saudi Defence Ministry reported two ballistic missiles were launched towards Riyadh, while one was intercepted and the other landed in an uninhabited area

02:15

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

02:12

[MARKET ANALYSIS] Oil prices are choppy and gold wobbled amid US-Iran threats and Fed rate hike bets

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IEA chief Birol says Asia is at the forefront of this energy crisis and the situation in the Middle East is severe, adds this crisis is worse than the two oil crises in the 1970s put together

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Context

The Israeli military's announcement of large-scale strikes on Iranian infrastructure escalates tensions in the region, which could have significant implications for oil prices and broader market stability. This development may drive safe-haven flows into assets like gold, while impacting currencies linked to risk sentiment, particularly those in the affected regions.

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