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"This is a significant moment. Government source confirms to me the US have started conducting strike missions on Iran from UK bases. Began earlier this week", via reporter Dan Hodges

This headline marks a notable escalation in geopolitical tensions, with the U.S.

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EU Industrial Production MoM (Jan) M/M -1.5% vs. Exp. 0.5% (Prev. -1.4%, Low. -0.8%, High. 1.0%)

EU Industrial Production YoY (Jan) Y/Y -1.2% (Prev. 1.2%)

"This is a significant moment. Government source confirms to me the US have started conducting strike missions on Iran from UK bases. Began earlier this week", via reporter Dan Hodges

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.

[MARKET ANALYSIS] USD stronger on higher crude prices, GBP slips post-GDP, JPY remains afloat

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Context

reportedly initiating strike missions on Iran from UK bases. Such actions can significantly impact oil prices due to potential supply disruptions or heightened risk in the region, influencing WTI and other related commodities. Traders should watch for increased volatility in energy markets and possible reactions in safe-haven assets.

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