Head of the Iranian Parliament News Agency says Iran informed the countries of the region, led by the UAE, that if the war is renewed, Iran will direct devastating strikes against oil wells, Al Mayadeen reports
Context
The warning from the Iranian Parliament suggests a significant escalation in geopolitical tensions, particularly concerning Iran's stance on regional conflicts. This could have immediate implications for oil prices, as threats of strikes on oil infrastructure may heighten supply risk perceptions in the market.
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