Iranian army says ready for a long war; we have not yet used all our capabilities
Newsquawk Staff ·
Iranian army says ready for a long war; we have not yet used all our capabilities.
What it means
The Iranian army's statement about readiness for a prolonged conflict suggests an escalation in regional tensions, which could lead to further instability. This rhetoric may weigh on sentiment in the oil markets, particularly concerning supply risks, and might bolster demand for safe-haven assets like gold and USD. Traders should monitor how this development influences broader geopolitical dynamics and related markets.
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