Iranian army spokesperson says armed forces will make use of more weapons that were not previously used in war, state TV reports
Newsquawk Staff ·
Iranian army spokesperson says armed forces will make use of more weapons that were not previously used in war, state TV reports.
What it means
This statement from the Iranian army spokesperson indicates a potential escalation in military capabilities, which could heighten tensions in the region. Such developments typically weigh on risk sentiment and may lead to stronger demand for safe-haven assets like gold and certain currencies while impacting oil prices and broader commodity markets. Traders should monitor the response from international markets, particularly in currencies and commodities, as the situation evolves.
- Iranian President Pezeshkian and Russian President Putin discussed energy cooperation and trade
- Russian refineries’ crude processing up 25% since drone attacks stopped in mid-October, according to reports, citing sources
- Iranian President Pezeshkian, at a meeting with Russian President Putin, says there is no point in hoping for the US to resolve problems in the Middle East
- Russian President Putin says he discussed the situation in the Middle East one-on-one with Iranian President Pezeshkian and it is a reason for concern, according to Russian press
- Israeli PM Netanyahu requests extension of voting in the legislative elections until after 10pm
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