Oil & Gold Prices Rise After Reports Of Israeli Airstrikes Against Targets In Iran

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Oil and gold prices jumped after reports that Israel had struck targets inside Iran on Friday.

The city of Isfahan in central Iran was struck at 5am local time, with Israeli projectiles reported to have targeted an Air Force base.

The Natanz nuclear facility is located in Isfahan, though US military sources have reportedly said the target was not believed to be nuclear.

Unconfirmed simultaneous explosions have also been reported in Syria and Iraq.

ZeroHedge reports: And just like that, Israel – having once again ignored Biden’s pleadings not to escalate the already tense situation – is retaliating against Iran’s weekend strike, which was itself a retaliation against Israel bombing Iran’s embassy in Syria on April 1.

Moments ago futures dumped, oil prices spiked, and treasury yields slumped amid social media reports and Reuters headlines that there have been three “huge explosions” near the central Iran cities of Natanz (location of an Iranian nuclear power plant) and Isfahan (location of the Iranian Nuclear Technology Center which is suspected of being the center of Iran’s nuclear weapons program), as well as simultaneous explosions in Iraq and Syria, where the Israel air force appears to be targeting pro-Iranian militias.

  • IRANIAN MEDIA CONFIRMS AN ISRAELI ATTACK ON IRANIAN TERRITORY
  • IRANIAN STATE MEDIA IS REPORTING THAT TONIGHT’S AIRSTRIKE BY THE ISRAEL AIR FORCE MAY HAVE TARGETED THE 8TH TACTICAL AIRBASE OF THE IRANIAN AIR FORCE, WITHIN ISFAHAN INTERNATIONAL AIRPORT, WHICH CONTAINS MULTIPLE SQUADRONS OF F-14 “TOMCAT” FIGHTER AIRCRAFT.
  • ABC NEWS REPORTS THAT ISRAELI MISSILES HIT A SITE IN IRAN
  • IRAN STATE MEDIA SAYS ‘NO FLY ZONE’ ESTABLISHED OVER WESTERN REGION
  • IRANIAN MEDIA: 3 HUGE EXPLOSIONS WERE HEARD IN ISFAHAN, SOUTH OF TEHRAN
  • JERUSALEM POST: SIMULTANEOUS EXPLOSIONS REPORTED IN IRAN, SYRIA, AND IRAQ ACCORDING TO INITIAL REPORTS
  • IRAN’S FARS NEWS AGENCY SAYS EXPLOSIONS HEARD IN CENTRAL ISFAHAN AIRPORT, REASON UNKNOWN
  • ISRAELI MISSILES HIT IRAN SITE, US OFFICIAL SAYS: ABC

Some more reports:

Here is Marco Rubio telling us more or less what happened:

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