Iranian Foreign Minister accused US and Israel of attacking civilian targets, schools, hospitals and historic sites, Iran will continue to decisively defend itself, via State Media

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Context

The accusation from the Iranian Foreign Minister of US and Israeli attacks on civilian targets marks a significant escalation in geopolitical tensions in the region. This could potentially heighten risks in both oil and FX markets, as disturbances in the Middle East often lead to fluctuations in WTI prices and shifts in the USD. Traders should monitor how this develops, as it could affect safe-haven assets and overall market sentiment.

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