British Prime Minister Keir Starmer has approved a US request to utilize UK military bases for launching airstrikes against Iran's missile capabilities. The strategic decision followed a rigorous 24-hour legal review and is officially categorized as serving a "specific and limited defensive purpose." Political justification for the escalation was bolstered by a recent drone attack on the RAF Akrotiri base in Cyprus, which houses British Royal Air Force operations. The authorization is expected to facilitate US B-2 bomber missions targeting Iranian missile storage depots and launch sites deep within the country. This move marks a significant escalation in Middle Eastern geopolitical tensions, triggering immediate concerns over global energy supply security. Market analysts anticipate a "risk-off" reaction, likely driving gains in Brent Crude and Gold while putting downward pressure on global equities and the British Pound.
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