US CENTCOM says it finished the latest strikes against Iran in which US forces struck Iranian military command centers, maritime capabilities, missile and drone launch sites and air defense systems to degrade Iran's ability to continue attacking vessels
Newsquawk Staff ·
US CENTCOM says it finished the latest strikes against Iran in which US forces struck Iranian military command centers, maritime capabilities, missile and drone launch sites and air defense systems to degrade Iran's ability to continue attacking vessels.
What it means
The completion of US CENTCOM operations against Iranian military assets marks a significant escalation in regional tensions, likely impacting commodities such as oil and gold as traders assess risks to supply chains. This military action could lead to heightened volatility in the FX markets, particularly for currencies tied to geopolitical stability, such as the USD and JPY. Investors should monitor immediate reactions in energy prices and safe-haven assets as markets digest the implications of these strikes.
Sources
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- Citi says it remains neutral on copper until more energy-market and tariff clarity emerges; views any associated risk-off episodes as good long-term buying opportunities
- US Ambassador to Turkey Tom Barrack says US could strike Iran as soon as this weekend, AFP reports citing an interview on Israeli radio
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