Iran's IRGC is holding military exercises in the Strait of Hormuz and the Sea of Oman at the same time as US-Iran nuclear talks, Iran International reports

Iran's IRGC is holding military exercises in the Strait of Hormuz and the Sea of Oman at the same time as US-Iran nuclear talks, Iran International reports.

Iran's IRGC conducting military exercises in the Strait of Hormuz amid US-Iran nuclear talks raises tensions in an already volatile region. This development could impact oil prices and safe-haven assets like gold, as heightened geopolitical risks often lead to increased demand for these commodities and shift currency dynamics, particularly for the USD against safer currencies.