MarketPR
forces have launched a third wave of precision strikes against Iranian military targets, including sites in Isfahan, as ballistic missiles were fired from that region in what marks the most significant escalation of direct U.S.-Iran hostilities in years.
Brent crude futures jumped more than 4% on fears that fighting could restrict shipping through the Strait of Hormuz, a chokepoint for a substantial share of global energy supply.
Asian-market instruments including $ASIA face renewed risk-off pressure as the conflict moves from proxy skirmishing to strikes on Iranian soil.
What the Third Wave Hit The Pentagon said this round of airstrikes targeted missile storage facilities, air defense systems, and command-and-control centers tied to Iran's Islamic Revolutionary Guard Corps.
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