‘Disturbing trend’ of US-Israeli strikes hitting non-military targets in Iran

Reports of US and Israeli strikes increasingly hitting non-military targets in Iran are described as a 'disturbing trend', raising risks of escalation and civilian harm. This elevates geopolitical risk premia and could pressure risk assets while supporting oil and defense-related securities until the scope and potential retaliatory responses become clearer.

Analysis

Reports of US and Israeli strikes increasingly hitting non-military targets in Iran are described as a 'disturbing trend', raising risks of escalation and civilian harm. This elevates geopolitical risk premia and could pressure risk assets while supporting oil and defense-related securities until the scope and potential retaliatory responses become clearer.