Escalating tensions between Iran and the US drive risk aversion as Tehran retaliates against recent US military actions.
Iran’s military struck US facilities at Jordan’s Al Azraq base and Bahrain’s Sheikh Isa Air Base, state media reported. The attacks follow US strikes on Iranian command centers and missile sites in southern Iran, raising fears of further escalation.
Recent days have seen heightened hostilities, including Iranian drone interceptions by Jordan and reported attacks on US positions in Kuwait. Diplomatic efforts to revive ceasefire talks persist, but exchanges of strikes underscore fragile de-escalation prospects.
Oil prices remain supported amid the crisis, with risk sentiment staying negative as investors monitor developments. No immediate confirmation of damage or casualties from US officials has been reported.