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Smoke rising in Tehran following airstrikes - ca.news.yahoo.com

Geopolitics & WarEnergy Markets & PricesEmerging MarketsInfrastructure & DefenseSanctions & Export Controls

At least four locations in Tehran were targeted by airstrikes on Saturday, with several explosions heard across the city according to Iran's semi-official Fars agency and AP video. The strikes raise geopolitical risk for Iran and the broader Middle East, likely increasing oil risk premia and prompting risk-off flows in equities and emerging-market FX; monitor crude, regional asset prices and any escalation that could widen market impact.

Analysis

At least four locations in Tehran were targeted by airstrikes on Saturday, with several explosions heard across the city according to Iran's semi-official Fars agency and AP video. The strikes raise geopolitical risk for Iran and the broader Middle East, likely increasing oil risk premia and prompting risk-off flows in equities and emerging-market FX; monitor crude, regional asset prices and any escalation that could widen market impact.

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