Power outages reported in Tehran amid Israeli strikes, according to NYT
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Newsquawk Daily European Opening News - 23rd March 2026
Explosions reported in Iran's Tehran, Khorramabad, Urmia, Isfahan, Karaj and Ahvaz overnight, according to Al Jazeera
Power outages reported in Tehran amid Israeli strikes, according to NYT
ECB's de Guindos says he sees Euro zone avoiding recession and can't prevent initial surge from energy, adds ready to respond as necessary
ADNOC Gas says it made temporary adjustments to LNG production
On the Newsquawk feed at , 20 minutes before this page.
Context
The reports of power outages in Tehran following Israeli strikes signify heightened tensions in the region, which could lead to increased volatility in oil and gold markets. Investors typically seek safe-haven assets during geopolitical escalations, potentially boosting demand for the USD and gold while putting pressure on energy prices. Keep an eye on not just immediate market reactions, but also how these developments could influence broader FX dynamics and commodity pricing in subsequent sessions.
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