Geopolitical Tensions Rise After Repeated Airstrikes on Iran's Bushehr Nuclear Plant

Iran's Bushehr nuclear power plant has been targeted by US and Israeli airstrikes for the third time in 10 days, with recent strikes expanding to facilities near Tehran and Alborz province, causing localized power outages. While Russia's Rosatom confirmed the Bushehr reactor remains undamaged, the Russian Foreign Ministry accused Washington and Israel of undermining the Non-Proliferation Treaty (NPT). Amidst this military escalation, new diplomatic efforts are reportedly ramping up to push for a peace process and de-escalate the regional situation. These developments have sustained high geopolitical risk premiums in safe-haven assets like gold and energy benchmarks such as Brent Crude. Market participants remain on high alert as the potential for direct friction between major powers persists despite the emerging diplomatic momentum. Analysts expect continued market volatility as the balance between military action and peace initiatives remains fragile.