Iran has reportedly deployed deep-roaming submarines in the Strait of Hormuz
The report of Iran deploying deep-roaming submarines in the Strait of Hormuz raises concerns over potential disruptions to critical shipping lanes.
Rheinmetall (RHM GY) reportedly in talks to sell its automotive operations to Aequita, according to German press
US White House NEC Director Hassett says he would guess China would want to reinspect its Iran relations
Iran has reportedly deployed deep-roaming submarines in the Strait of Hormuz
US White House NEC Director Hassett says inflation is going down at an microeconomic level; core inflation averaging 2.6% past six months
France's Europe Minister says France will not bow to pressure to conclude the EU's budget negotiations by the end of 2026, Politico reports
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This could lead to increased volatility in oil prices, particularly WTI, and potentially strengthen safe-haven demand for currencies like the USD and JPY. Traders should watch for any military escalation or retaliatory measures from the US and its allies, as this situation could significantly impact energy markets and regional stability.
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