Iranian Major Abdullahi says any foreign armed forces, particularly the US, would be attacked if they approach and enter the Strait of Hormuz

This statement from Iranian Major Abdullahi underscores heightened tensions in the Strait of Hormuz, a critical chokepoint for global oil supplies. Such rhetoric could lead to increased risk premiums in oil prices and potential safe-haven buying in gold and currencies like the Yen and Swiss Franc, while adversely impacting market sentiment towards equities exposed to geopolitical risks.