Israel's oil refineries says the Iranian missile on Thursday hit electrical infrastructure in Haifa, suppling a service facility
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Israel's oil refineries says the Iranian missile on Thursday hit electrical infrastructure in Haifa, suppling a service facility
China's Commerce Minister Wentao met with Apple (AAPL) CEO Cook
Chinese media, SCMP, writes that the White Houses' Section 301 investigations may be less dramatic than war, but they risk retaliation and trade breakdowns
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Context
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.
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