Iran's head of Strategic Council of Foreign Relations Kamal Karazi died from injuries sustained during US-Israeli strikes
Context
The death of Iran's Kamal Karazi amid US-Israeli strikes could escalate tensions in the region, potentially impacting oil supply and prices. This event may heighten geopolitical risks, making energy markets particularly sensitive as traders reassess risk premiums in commodities like WTI. Watch for reactions in crude oil prices and safe-haven assets as the situation develops.
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