Iranian state TV reported two explosions were heard in Jask city, Hormozgan province, in southern Iran.

Ukrainian President Zelenskiy said a Russian overnight attack on Kyiv injured 11 people, including a child, and damaged residential, office and other civilian facilities; some infrastructure was hit before air-raid warnings were issued. Russian forces launched more than 120 drones and 12 missiles, roughly half of the missiles ballistic; Ukrainian air defences intercepted most targets but failed to stop the ballistic missiles. Odesa, Sumy, Kharkiv and Chernihiv regions are undertaking restoration work. Zelenskiy urged partners to deliver on NATO summit aid pledges, calling for rapid finalisation of a Patriot system licensing agreement and a European joint missile-defence project and saying all institutions should prioritise implementation.

Analysts say Iran’s security environment is chaotic and could escalate, increasing geopolitical risk for markets. They note Iran’s military, proxy network and economy have been degraded, leaving Tehran to rely on harassment-style attacks rather than conventional power projection; US strikes so far have not reopened the Strait of Hormuz by force. Recent exchanges have not escalated to all-out war: Washington has not targeted Tehran directly and Iran’s responses have been largely limited and largely ineffective attacks on US facilities in Bahrain, Kuwait and Jordan. Iran has not resumed strikes against Saudi Arabia or the UAE. Command uncertainty following an injury to Iran’s new supreme leader Mujtaba, and sharp criticism from hardline factions of last month’s memorandum with the US, raise the risk that rivals within Iran could seek to sabotage the agreement by escalating violence. Former CIA Middle East official Marc Polymeropoulos cautioned that an incident causing US military deaths could trigger a severe US response; Mehran Haghirian of the Bourse & Bazaar Foundation says decision-making in Tehran is now confused and some factions benefit from prolonging the crisis.