Pakistani strike killed hundreds, Afghanistan says, as regional conflicts boil

More than 400 people were killed in a Pakistani airstrike on a crowded drug rehabilitation center in Kabul, Afghanistan’s health ministry said. The attack significantly escalates tensions between neighboring countries in a region adjacent to Iran, raising the risk of broader regional spillovers. Expect near-term risk-off pressure on regional assets and potential upward pressure on energy prices if hostilities widen.

Analysis

More than 400 people were killed in a Pakistani airstrike on a crowded drug rehabilitation center in Kabul, Afghanistan’s health ministry said. The attack significantly escalates tensions between neighboring countries in a region adjacent to Iran, raising the risk of broader regional spillovers. Expect near-term risk-off pressure on regional assets and potential upward pressure on energy prices if hostilities widen.