Iranian Foreign Ministry denies the allegations that it targeted the Diego Garcia base with missiles; calling the attack an "Israeli false flag"

Context

Iran's denial of targeting Diego Garcia, framing the incident as an "Israeli false flag," signals potential for increased tensions in the region. This development may lead to shifting dynamics in energy markets and risk sentiment, particularly influencing oil prices as geopolitical uncertainties rise. Traders should monitor safe-haven assets and oil-related commodities closely, as this situation evolves.

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