NATO intercepts an Iranian missile targeting Turkey, the 3rd occasion since the Middle East conflict began. Missile was launched from Iran and destroyed by defences in the eastern Mediterranean.

• Turkish Defence Minister says all necessary measures are being taken decisively and without hesitation.

The interception of an Iranian missile targeting Turkey by NATO signals a notable escalation in regional tensions since the Middle East conflict began. This incident, particularly involving NATO, could elevate geopolitical risks, potentially impacting energy markets as participants reassess supply security. Traders should monitor the situation closely, as it may influence both commodity prices and broader market sentiment.