The situation in the Middle East has escalated sharply after two months of relative calm.
On the morning of June 8, explosions were heard in several Iranian cities. According to multiple local media reports in Iran, explosions occurred in Tehran, Tabriz, Isfahan, and Karaj, the capital of Alborz Province in the north.
Subsequently, the Israeli military issued a statement saying its air force had just struck military targets in western and central Iran, but did not provide further details.
On the 8th, Iran launched missiles at southern and central Israel. Concurrently, Israeli sources indicated that air raid sirens were activated in central areas, including Tel Aviv, and in southern regions.
Iranian sources, citing a military official, stated that Iran is militarily prepared to respond to any further actions by Israel and warned that if the situation escalates, larger-scale strikes will be undertaken. A significant number of Iranian missiles are currently on standby.
This marks the first attack by Iran on Israel since the temporary ceasefire agreement was reached between Iran and the United States in early April, further impacting the ongoing US-Iran negotiations.
Influenced by the sudden escalation of tensions in the Middle East, market risk aversion surged dramatically. On June 8, international crude oil prices experienced a sharp, immediate rise. As of 12:51 Beijing time, Brent crude oil was up 4.4% to $97.19 per barrel. WTI crude oil was up 4.30% to $94.43 per barrel.
Spot gold fell to $4,300 per ounce at one point, marking the first time it dropped below the $4,300 level since March 23, and is currently at $4,310.842 per ounce. Spot silver declined briefly, down 0.22% on the day to $67.737 per ounce.
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