Israel's oil refineries says the Iranian missile on Thursday hit electrical infrastructure in Haifa, suppling a service facility

The missile strike in Haifa, targeting Israel's oil refinery infrastructure, escalates tensions in the region, potentially impacting oil supply and prices. Traders should watch for spikes in oil volatility and potential flows into safe-haven assets, as markets react to heightened geopolitical risks. This incident could also affect regional stability and influence broader market sentiment across commodities and foreign exchange.