U.S., 7month 7~8days carry out airstrikes on Iran · oil prices rise

The United States 7month 7days and 8days carried out new airstrikes targeting Iran. The news was immediately linked to higher international oil prices and lower U.S. Treasury prices.

U.S. Central Command announced that on 7month 7days, the U.S. military had launched a military operation against Iran. The announcement included the fact that the operation had begun and that some missions had been completed.

The United States separately said it had completed new airstrikes on 7month 8days. The airstrikes were described as additional strikes linked to the previous operation.

Alongside this, the United States revoked the general license previously granted for the sale of Iranian crude oil in connection with the attacks on the vessels and reimposed sanctions. The license revocation measures were announced immediately before and after the airstrikes.

In market trading, crude oil futures prices were observed to rise immediately after the announcement, while short-term Treasury prices fell. The timing and magnitude of the reactions varied by exchange.

Iran announced that it had carried out attacks targeting sites in Bahrain and Kuwait on 7month 8day. The announcement was released in response to the U.S. airstrikes.

The airstrikes, the revocation of the sanctions waiver, and Iran’s counterattack therefore occurred in succession between 7month 7day and 8day. Related announcements and market reactions were concentrated during the same period.