IRGC says it launched missiles carrying 2-ton warheads in a new wave of heavy, multi-warhead strikes targeting US bases in Iraq and Bahrain as well as Israel

Context

The Iranian Revolutionary Guard Corps (IRGC) escalating missile strikes on US bases and Israel marks a significant intensification of geopolitical tensions in the region. This could lead to a flight to safety in currencies like the USD and assets such as gold, while also impacting energy prices due to supply risk, underscoring the fragility of the current geopolitical landscape.

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