As it happened:
We got a 10 minute or so warning:
Then:
- Explosions heard in Tehran – reports are sketchy
- Israel says has launched a pre-emptive attack against Iran
Market response to Israel attack on Iran: Yen up, Oil rockets higher.
Updates:
- State of emergency declared in Israel for next 48 hours. Israel declared prohibition on educational activities, gatherings, and workplaces, except for essential sectors.
- Israel has shut its airspace
- U.S. informed allies but did not participate, raising risks of regional escalation and potential nuclear implications. No US involvement or assistance
- Israel says it’s striking dozens of military targets across Iran, including nuclear sites
- There some reports of explosions at Iran’s Natanz and Fordow nuclear facilities, unconfirmed as yet
Brent update:
This article was written by Eamonn Sheridan at www.forexlive.com.