U.S. attacks Iranian sites after Iran launches drones, in latest Gulf flare-up

The U.S. struck Iran's surveillance sites in Goruk and Qeshm Island, both located on the Strait of Hormuz. The attack raises geopolitical risk in a critical energy chokepoint and could heighten volatility across oil, shipping, and broader risk assets. Market focus will likely center on potential retaliation and any disruption to maritime traffic through the strait.

Analysis

The U.S. struck Iran's surveillance sites in Goruk and Qeshm Island, both located on the Strait of Hormuz. The attack raises geopolitical risk in a critical energy chokepoint and could heighten volatility across oil, shipping, and broader risk assets. Market focus will likely center on potential retaliation and any disruption to maritime traffic through the strait.