Iran's Deputy Foreign Minister to CNN says "We are not responsible for the bombing of Saudi oil fields and we have informed our brothers in the Kingdom of this"
- Will do everything necessary to defend our sovereignty and our people no matter what it takes.
Context
Iran's denial of responsibility for the bombing of Saudi oil fields suggests an attempt to de-escalate tensions in a critical region. This statement could mitigate risks of immediate conflict, impacting oil prices and currencies sensitive to geopolitical developments. However, ongoing volatility in the region may still keep markets on edge, particularly in the energy sector and related currencies.
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