A small group of US Senate Republicans are working behind the scenes on an authorisation of military force regarding Iran that can be acted if President Trump resumes strikes, Semafor reports citing sources
The report regarding a small group of Senate Republicans pursuing an authorization for military force against Iran could signal a heightened geopolitical risk in the region, particularly in light of potential military action by the U.S.
[MARKET ANALYSIS] G10 mixed against the USD, JPY pares back towards 157 (vs 155.70 trough) with traders on intervention watch
Cboe Global Markets (CBOE) is cutting 20% of its global workforce and tightening return-to-office policies, WSJ reports
A small group of US Senate Republicans are working behind the scenes on an authorisation of military force regarding Iran that can be acted if President Trump resumes strikes, Semafor reports citing sources
IRGC unveils a new map of the Strait of Hormuz area which is under Iranian control
IRGC Spokesperson says "Other maritime movements contrary to the declared principles of the IRGC Navy will face serious risks. Violating vessels will be stopped by force."
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This development may impact energy markets, notably oil prices, and lead to a stronger dollar due to risk-off sentiment as traders seek safety in the U.S. currency amid escalating tensions.
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