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.
EU Parliamentary Delegation to the US Chair Benifei says he will call for the European Commission to bring out the "trade bazooka", as they need a mechanism that makes violating trade agreements too costly for the US
Additional European Equity News
Iranian Major Abdullahi says any foreign armed forces, particularly the US, would be attacked if they approach and enter the Strait of Hormuz
Newsquawk Daily European Equity Opening News - 4th May 2026
[MARKET UPDATE] WTI and Brent futures dip just over USD 1.00/bbl over five minutes; recent newsflow light
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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.
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