Power outages in parts of Karaj, western Iran, following explosions, according to Iranian media

Power outages in Karaj, Iran, due to explosions highlight rising tensions in the region. This situation could impact local energy supplies and may have broader implications for oil markets, particularly WTI, as geopolitical risks often lead to volatility in commodity prices. Traders should monitor how this develops, as any escalation could affect sentiments surrounding oil supply stability.