Iranian foreign ministry spokesperson says the naval blockade on Iranian ports is still in place, and it is an aggressive measure

The Iranian foreign ministry's reiteration that the naval blockade remains in place highlights ongoing tensions in the region. This aggressive stance may increase volatility in oil markets and support gold prices as safe-haven assets, particularly if it escalates further. Traders should monitor related geopolitical developments closely, as they could impact risk appetite and lead to significant fluctuations in commodities and currency markets.