A US military strike reportedly occurred near Qeshm Island at 4:00 am, according to Ahmad Nafisi, Deputy Governor of Iran’s Hormozgan Province. This area is strategic due to its proximity to the Strait of Hormuz, a critical maritime corridor for oil shipments. Markets are now pricing in a 26.5% probability for a US invasion scenario of Iran. Iranian officials indicated that further details will be released following preliminary assessments of the situation.
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