Iran's Foreign Minister says Iran will target US forces wherever they assemble, including near urban areas, he understands neighbours' concerns and holds the US responsible for the conflict

Iran's Foreign Minister says Iran will target US forces wherever they assemble, including near urban areas, he understands neighbours' concerns and holds the US responsible for the conflict.

This headline suggests an escalation in tensions between Iran and the US, which may heighten geopolitical risk in the region. Traders should be cautious, as this could impact oil prices significantly, given Iran's capacity to disrupt supply routes, and may also influence safe-haven demand for commodities like gold. The dollar's strength could waver amidst these tensions, particularly against currencies like the JPY and EUR, with potential shifts in market sentiment expected.