Thursday, April 18, 2024

Futures Tumble, Oil And Gold Soar On Reports Of "Huge Explosions" In Central Iran, Israeli Airstrikes In Iraq And Syria


Futures Tumble, Oil And Gold Soar On Reports Of "Huge Explosions" In Central Iran, Israeli Airstrikes In Iraq And Syria

BY TYLER DURDEN


SUMMARY


  • Three large explosions heard in Isfahan south of Tehran, US officials confirm.

  • The Natanz nuclear facility is located in Isfahan.

  • Unconfirmed simultaneous explosions have also been reported in Syria and Iraq (Baghdad and Babil/Babylon province).

  • Iran has established a no-fly-zone over its western region.

  • Market reaction very strong: oil & gold soaring; TSY yields, crypto, and stocks tumbling.


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:

Iraqi Sources are reporting that the Airstrikes on the Capital of Baghdad have Targeted a Building in which a High-Ranking Meeting was taking place involving several Iranian-Backed Groups and Members of the Islamic Revolutionary Guard Corps (IRGC).

Explosions so far have been reported in the last few minutes near the Cities of Isfahan and Natanz in Central Iran, which both contain Significant Facilities for the Iranian Nuclear Program.

The Natanz nuclear facility is located in Isfahan!


An explosion was heard in the city of Qahjavaristan, Isfahan Some local sources report that an explosion was heard in the city of Qahjavaristan in the northwest of Isfahan. The cause of these noises is still unknown, and Fars reporter's follow-up

#BREAKING : 🇮🇷💥🔔Explosions so far have been reported in the last few minutes near the Cities of Isfahan and Natanz in ⛳️ Central Iran, which both contain Significant Facilities for the Iranian Nuclear Program.


UNCONFIRMED: Iraqi sources report that airstrikes in the capital city of Baghdad have targeted a building where a high-level meeting was being held with the presence of several groups supported by Iran and members of the Islamic Revolutionary Guard Corps.


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