IRGC says 'Iran threatens to target American and Israeli infrastructure and warns of a new escalation"
The IRGC's warning about targeting American and Israeli infrastructure signals a potential escalation in regional tensions, which could lead to increased volatility in energy and safe-haven assets like gold.
Chevron (CVX) restarts jet fuel unit at its 275k bpd El Segundo refinery five months after fire
NY Fed RRP op demand at USD 0.637bln (prev. 0.698bln) across 5 counterparties (prev. 6)
IRGC says 'Iran threatens to target American and Israeli infrastructure and warns of a new escalation"
Deutsche Bank (DBK GY) appoints Fabrizio Campelli as President
Ecolab (ECL) reportedly near USD 4.5-5.0bln deal for data centre cooling company, CoolIT systems (KKR), WSJ reports
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It's crucial to watch how this rhetoric affects market sentiment, particularly in the forex space with the USD, JPY, and EUR reacting to risk aversion. This could trigger flight-to-safety flows, impacting commodities, especially oil prices as concerns about supply disruptions weigh in.
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