Two missiles hit a US patrol boat, after earlier warnings were disregarded, Fars News Agency reports citing local sources. Incident occurred in proximity to the Jask island.

The missile strike on a US patrol boat is a significant escalation in regional tensions, potentially impacting global markets. Investors may react by seeking safe-haven assets like gold and the JPY, while oil prices could rise due to fears of further conflict in energy-sensitive areas. This incident underscores geopolitical risks that could shift market sentiment and require close monitoring for broader implications across equities and commodities.