US struck Iranian drone command sites over the weekend, military says - Reuters
Geopolitics
The US military struck Iranian drone command sites over the weekend, marking a direct escalation of US-Iran tensions beyond proxy engagements. This raises the risk premium on crude and creates a near-term bid in defense names while pressuring risk assets broadly.
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Angle
↑ LONG+5% target-3% stop1-2 weeks tactical
Long defense (LMT, RTX, NOC) and crude proxies (USO, XOM) on US-Iran escalation — geopolitical risk premium repricing higher.