US military says US forces intercepted Iranian attacks and responded with self-defence strikes on Iranian military facilities; Iranian attacks were unprovoked but no US assets were hit; do not seek escalation
The US military's response to Iranian attacks, described as unprovoked, suggests rising tensions in the region, but the emphasis on self-defense and a desire to avoid escalation may provide a temporary degree of stability.
The friction between Iran and the US was limited and has ended, Israeli Army Radio reports citing a source
Marathon Petroleum's Galveston Bay refinery (630k BPD) has returned to normal operations, according to reports
US military says US forces intercepted Iranian attacks and responded with self-defence strikes on Iranian military facilities; Iranian attacks were unprovoked but no US assets were hit; do not seek escalation
[ANALYSIS] Iranian War: Iran says US violated ceasefire as explosions are reported in the UAE
Newsquawk Daily Asia-Pac Opening News - 8th May 2026
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This backdrop can impact oil prices, risk sentiment in global markets, and may influence haven assets depending on how the situation unfolds.
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