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Strikes in Iran extend to a third day amid retaliation threats

Iranian news reports say a military site near Bushehr was hit and that air defenses may have caused explosions heard in the city.

Reported · Written up by our desk · Energy

Forexlive reports that Iranian news agencies say strikes have continued for a third day, extending tensions following Iran's retaliation against US bases in the region.

The outlet notes that Iran is threatening further action, with the key risk being attacks on energy or civilian infrastructure in countries hosting US bases.

Forexlive adds that oil prices have rebounded on the renewed headlines, while citing updates that a US strike was not carried out, and later reporting that an IRNA-cited Bushehr official said a military site on the outskirts was hit.

According to the same update, Iranian air defense activity was described as a likely source of the explosions heard in the city.

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