Iran's IRGC spokesman, responding to Israeli PM, insists Tehran is still building missiles, AP reports

Iran's IRGC spokesman, responding to Israeli PM, insists Tehran is still building missiles, AP reports.

The statement from Iran's IRGC suggesting ongoing missile development underscores escalating tensions with Israel, a situation that could have ramifications across global markets. This kind of geopolitical instability typically supports safe-haven assets like gold and could contribute to fluctuations in oil prices, while also influencing currencies perceived as risk-sensitive, such as the EUR and JPY.