US President Donald Trump has indicated that any military strikes on Iran will be limited in scope. According to FX Street, Trump emphasized the strikes will specifically target the Hormuz region.
Axios reports that Trump and his senior aides are considering these limited strikes to prevent Iran from rebuilding its radar and missile capabilities, which could threaten shipping in the strategic Strait of Hormuz.
This development is closely watched by Japanese markets, given the critical importance of the Hormuz Strait for global oil shipments and its potential impact on energy prices and regional stability.