Multiple explosions, airstrikes knock out power in Tehran

Multiple explosions and airstrikes knocked out power across Tehran, causing widespread outages; authorities have not provided casualty or damage estimates. The incident raises regional geopolitical risk and could prompt risk-off flows, upward pressure on energy prices and volatility in regional markets and safe-haven assets.

Analysis

Multiple explosions and airstrikes knocked out power across Tehran, causing widespread outages; authorities have not provided casualty or damage estimates. The incident raises regional geopolitical risk and could prompt risk-off flows, upward pressure on energy prices and volatility in regional markets and safe-haven assets.