The US carried out airstrikes targeting two facilities related to Iranian-backed militias in eastern Syria on Thursday following a series of drone and rocket attacks against US forces in the region, according to CNN. 

The Biden administration has previously carried out operations against militias, but at this moment of great tension, the US wants to send a clear message to Iran and the militias not to intensify their attacks and cause a larger battle in the Middle East. The region is on edge as the Israel-Hamas conflict, sparked by Hamas’ brutal terror attack on October 7 and the tension is still continues.

Market reaction

At the press time, the US Dollar Index (DXY) is adding 0.03% on the day to trade at 106.61.