IRGC says that if Israel targets Palestinian civilians or Lebanon, then Iran will strike Israel's troops in the North and Gaza "without any limits"

The statement from the IRGC signifies a potential escalation in tensions between Iran and Israel, which could heighten regional instability. If Iran follows through on these threats, we may see broader implications for asset classes, notably in oil, gold, and currencies like the USD and JPY, as markets price in increased geopolitical risk and potential supply disruptions in energy markets.