Iran conflict latest: Hegseth says U.S. carry out most intense strikes so far

The recent escalation of military action by the U.S. in conflict with Iran represents the most intense strikes seen to date, which heightens geopolitical tensions in the region. This increase in military involvement may lead to volatility in oil prices, with potential implications for energy stocks and markets broadly. As the conflict develops, there could be a heightened risk for sectors closely tied to energy, defense, and international trade. Investors should remain vigilant about possible retaliatory actions from Iran, which could lead to further economic disruptions. Overall, this situation introduces considerable uncertainty and risk into the market landscape.