Iran retains thousands of missiles and one-way attack drones, according to CBS, citing the head of the US Defense Intelligence Agency.
The report on Iran retaining thousands of missiles and drones illustrates an escalation in military capabilities that could heighten regional tensions.
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Iran retains thousands of missiles and one-way attack drones, according to CBS, citing the head of the US Defense Intelligence Agency.
The US and Iran have made progress in the negotiations over a three-page memorandum of understanding to end the war, U.S. officials and sources with knowledge say, Axios' Ravid reports
Iran set three conditions for the movement of vessels in the Strait of Hormuz, Fars news Reports, citing sources; Stressed if US naval blockade continues, it will be considered a violation and Strait of Hormuz will be closed
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This situation may impact oil prices and overall market sentiment, particularly given the sensitivity of commodities to geopolitical risks. Traders should monitor related asset classes like WTI and havens as potential safe-haven plays may emerge.
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