Iran's IRGC says they have "considered a long-term horizon" to erode the power of Israel and the American army in the region
The statement from Iran's IRGC indicates an escalating strategic intent to undermine U.S.
UK CMA will assess whether Microsoft (MSFT) should be given "Strategic Market Status", FT reports
Pakistani and Chinese foreign affairs ministers have met today in Beijing, according to Chinese state media; meeting comes as rumours abound that Beijing could play a role as "guarantor" of any US-Iran deal, Bloomberg's Blas reports
Iran's IRGC says they have "considered a long-term horizon" to erode the power of Israel and the American army in the region
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and Israeli influence in the region, which could heighten geopolitical tensions. This development may impact asset classes such as oil, where supply risk is linked to stability in the Middle East, and could lead to fluctuations in the USD as traders reassess risk exposure. It's crucial to watch for potential safe-haven flows into gold and shifts in commodities pricing as the situation evolves.
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