Iran's Foreign Minister says Europe is making a big mistake by designating IRGC a 'terrorist organisation'

Iran's Foreign Minister says Europe is making a big mistake by designating IRGC a 'terrorist organisation'

The Iranian Foreign Minister's statement highlights rising tensions between Iran and Europe, particularly in light of the IRGC’s designation as a terrorist organization. This could escalate geopolitical risks, impacting currencies like the USD and EUR, while also heightening volatility in energy and commodity markets, especially oil and gold. Traders should watch for market reactions to any potential escalations or shifts in diplomatic relations that could affect risk sentiment.