Bahrain calls on the UN to pass a resolution to reopen the Strait of Hormuz by force
Bahrain's call for a UN resolution to reopen the Strait of Hormuz by force signals escalating tensions in a critical shipping lane.
Three Gulf funds led by Saudi Arabia agree to back Paramount's (PSKY) USD 81bln takeover of Warner (WBD)
Russia says it downed 148 Ukrainian drones in three hours, according to Reuters
Bahrain calls on the UN to pass a resolution to reopen the Strait of Hormuz by force
Explosions reported at US-linked facilities in Abu Dhabi, according to Fars News Agency
US President Trump said in brief phone interview with The Hill that he is not ruling out ground troops in Iran if Tehran does not make a deal and said “If they were smart they would make a deal”
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This move could heighten geopolitical risks, affecting oil prices and regional stability, with potential implications for safe-haven assets like gold and certain currencies. Traders should watch for market reactions in energy sectors and gauge how this might drive broader risk sentiment.
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