IRGC commander declares ‘new phase’ of reprisal attacks against aggressors, and warns that if the US crosses red lines, the IRGC’s response “will extend far beyond the region”
The IRGC commander’s declaration of a ‘new phase’ in retaliation against perceived aggressors signals a potential escalation in tensions, particularly involving the US.
Progress has been made in the past 24 hours in the negotiations between the US and Iran, though reaching a ceasefire deal by President Trump's 8pm ET deadline still looks like a long shot, according Axios citing a US official, Israeli official and others
Saudi Arabia is reporting a phone call between Saudi Crown Prince Mohammed bin Salman and the Prime Minister of Pakistan, in the midst of the Pakistani attempt to bring about some kind of ceasefire in the 90th minute, just before Trump's ultimatum expires
IRGC commander declares ‘new phase’ of reprisal attacks against aggressors, and warns that if the US crosses red lines, the IRGC’s response “will extend far beyond the region”
White House says 'only the President knows' on Iran negotiations and Iranian regime has until 20:00EDT to 'make a deal', ABC reports
The Israeli military is on standby and ready to launch strikes on Iran ahead of US President Trump’s deadline for Iran to reopen the Strait of Hormuz, an Israeli security source tells CNN.
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This rhetoric suggests that any crossing of 'red lines' could provoke responses that extend the conflict beyond the immediate region, which may weigh on risk assets and support safe-haven currencies like the USD or gold going forward.
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