Explosions rocked Tehran on Saturday as US and Israel launched a series of airstrikes targeting Iran's nuclear facilities, marking a dramatic escalation in Middle East tensions. The preemptive strike triggered immediate retaliation from Iranian forces, who claimed to have hit a US naval base in Bahrain and launched strikes across the region.

Oil markets reacted swiftly to the developing crisis, with analysts warning prices could jump $10 to $20 or more if tensions continue to escalate. The Pentagon confirmed the coordinated operation with Israel, though specific details about targets and casualties remain unclear. Iranian state media reported multiple sites were struck, while the US military maintained the operation aimed to degrade Iran's nuclear capabilities.

This military confrontation represents the most serious direct conflict between the US and Iran in years, potentially disrupting global energy supplies. The Middle East produces roughly one-third of the world's oil, making any prolonged instability particularly concerning for global markets. As both sides exchange fire and rhetoric intensifies, investors are bracing for continued volatility in energy markets and broader geopolitical uncertainty.