Iranian lawmaker warns that Iran's response to America will include Europe, Tasnim reports; the response could lead to oil crossing the USD 150 mark

Newsquawk Staff · 6 Nov 2026, 08:51 UTC

In the event of US-Israeli action, Iran's response will be such that the range of the responding missiles will include Europe, and this will lead to the price of oil crossing the USD 150 mark.
The Islamic Republic of Iran is adopting a "strategic response". This means that Iran's response will not be simply proportional to the volume or location of the enemy's attacks, but will be a large-scale, multi-pronged, and strategic response that will be implemented without taking into account geographical considerations.
The naval blockade of Iran has occurred hundreds of miles away, but this action is considered a form of war against the country, and at the appropriate time and using prepared weapons, the enemy will be attacked.

Sources

t.me

What our morning note said

The Middle East · about 2 hours before this headline

Iran has sent a new response regarding the nuclear file to the US through mediators, according to Journalist Mallick.
At least four Iranian vessels have been hovering over subsea cables in the Gulf of Oman, the FT reported citing data from Windward.

Read the whole note Free to read.

Newsquawk Daily

Get the next one free, by email.

What moved overnight, where stocks, bonds, currencies and oil stand, and what’s due today. Written by our analysts.

Both market-open notes, EU and US, every weekday. No account needed. Unsubscribe any time.

If you trade

This headline was on the Newsquawk live feed at 08:31 UTC.

Use the Platform opens our news terminal in your browser, with the live headline feed. It’s news, not a broker.

Use the Platform

Free. No signup, no card.

Case studies

Headlines that moved markets

FX headlines from our feed, and what the market did next.

Iranian President Pezeshkian says the Supreme Leader has granted the government some authority on dialogue, ISNA reports.
EUR/USD+0.1%
ECB policymakers see a December rate hike followed by a pause; New ECB staff estimates show the rise in bond yields cutting growth by a cumulative 100bps and inflation by 90bps in 2027-28 vs the September baseline, according to reports, citing sources.
EUR/USD−0.1%
ECB President Lagarde (Q&A) says policymakers believe they are in a good position to wait for incoming information. The situation they are in could have warranted a hike.
EUR/USD+0.1%

See all 221

More on this story

Make Newsquawk a preferred source on GoogleSelect this to see Newsquawk more often in Top Stories when you search Google.

Sources

More on this story

Related headlines