Several explosions heard in Tehran and Karaj, according to Al Hadath

The reports of multiple explosions in Tehran and Karaj could indicate a significant escalation in tensions within the region.

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Iran's Amirkabir petrochemicals plant in Mahshahr was attacked, accoring to Mehr News Agency

Iran's aluminium company, IRALCO in Arak, which is the country's largest aluminium producer, has been hit in an airstrike

Several explosions heard in Tehran and Karaj, according to Al Hadath

US Weekly Private Inventory Data (bbls): Crude +3.7mln (exp. -1.6mln), Distillate -0.6mln (exp. -0.9mln), Gasoline -4.0mln (exp. -1.4mln), Cushing -0.6mln

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Investors should consider potential impacts on oil prices and safe-haven assets like gold or the Swiss franc, as geopolitical risks often lead to increased volatility. The situation warrants close monitoring for further developments and reactions from relevant governments or military entities.

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