Iran targets US, UK vessels and ships, regardless of Flag, that carry cargo for Israel in Gulf, according to Iranian state media citing a IRGC commander

Iran targets US, UK vessels and ships, regardless of Flag, that carry cargo for Israel in Gulf, according to Iranian state media citing a IRGC commander.

This headline suggests an escalation in tensions involving Iran, particularly targeting vessels associated with shipments for Israel. Such developments may affect oil prices and provide a temporary bid for safe-haven assets, notably the USD and gold, while potentially increasing volatility in the energy markets and impacting geopolitical risk assessments for traders.