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US and Israel consider campaign on Iran’s energy infrastructure

CBS News said Israel has been notified and the plan is being coordinated, though US final go orders have not yet been issued.

Reported · Written up by our desk · Major Pairs

CBS News, citing multiple sources, said the United States and Israel may launch a broad campaign targeting Iran’s energy infrastructure, with the timing described as running over the weekend into next week’s Asian market open.

The report said Israel has been notified and that both sides are coordinating, while US sources indicated the president has not yet given final go orders for the strikes.

CBS News also tied the potential developments to market behavior, describing how investors often shift between “risk-on” and “risk-off” periods, which can move currencies, commodities, and safe-haven assets.

In that framework, the outlet said a risk-off environment typically supports bonds and safe-haven currencies such as the US dollar, Japanese yen, and Swiss franc, while risk-on periods can favor commodity-linked currencies like the Australian and Canadian dollars.

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