Saudi Arabia conducted secretive strikes on Iran after Tehran attacked the kingdom's energy facilities and civilian infrastructure, according to WSJ citing US and Gulf officials familiar with the attacks
- Saudi's air force carried out multiple strikes on targets that included Iranian drone and missile launch sites, a source told WSJ.
- Saudi warplanes also hit targets in Iraq linked to Iranian-backed militias, the sources said.
Context
This development signals a significant escalation in regional tensions between Saudi Arabia and Iran, following attacks on Saudi energy infrastructure. The implications could affect oil prices, particularly WTI, as conflicts in the Middle East often lead to supply concerns; furthermore, it may strengthen the USD against other currencies (like EUR and JPY), as investors often seek safety in USD during geopolitical turmoil.
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