The U.S. has launched airstrikes against Iraq, targeting two control and communication facilities outside of Baghdad, reports this afternoon said.
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spiked on the news, and recently climbed 1.99, or 1.6%, to 129.52.
The attack, the first against Baghdad since Feb. 24, 1999, was reportedly carried out by U.S. and British aircraft. The facilities were outside the no-fly zone south of Baghdad, according to reports that quoted the Pentagon.
Reports said witnesses heard air-raid warning sirens in Baghdad about an hour ago, just before large explosions started. Iraqi television changed from its regular programming to broadcasting national songs.
The Pentagon will hold a briefing at 2:30 p.m. EST.