Israel Reported to Have Launched Retaliatory Strike on Iran

  • Explosion reported in Isfahan; Iranian media downplays impact
  • Oil pares gains after initially jumping above $90 a barrel
Mideast: Iran Says All Military, Nuclear Sites SafeSource: Bloomberg
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Israel launched a retaliatory strike on Iran following last week’s missile and drone barrage from Tehran, according to two US officials, though media from both countries appeared to downplay the severity of the incident.

An explosion was heard early Friday in Isfahan, Iran’s third-biggest city, Fars news agency reported. Nuclear facilities located there are safe, state television and the United Nations’ nuclear watchdog saidBloomberg Terminal.