Iran's deputy governor says the second missile strike on Bushehr was aimed at a military facility, according to semi-official Fars.

Iran's deputy governor stated that a second missile strike on Bushehr targeted a military facility, as reported by semi-official Fars news agency. This development escalates geopolitical tensions in the Middle East, potentially triggering a repricing of regional risk premia. Assets most exposed include crude oil futures due to potential supply disruptions in the Strait of Hormuz, and regional equity markets, particularly those in the GCC, which could see capital outflows as risk appetite diminishes. Traders will closely monitor any official responses from international bodies or further military actions from involved parties, specifically looking for confirmation of the strike's origin and intended target.

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