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Overnight U.S. strikes on Iran’s Qeshm Island caused no disruption to essential services, according to Fars. The report, relayed by First Squawk, offered no further detail on damage or casualties. The strike is the key geopolitical development markets are digesting. Traders will watch for official confirmation and any follow-up strikes that could shift risk sentiment.

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Named in this story

Iran, United States, Qeshm Island, Fars