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IRGC says they will target US industries in the region in coming hours, ask people to evacuate nearby areas, Tasnim reports

Newsquawk Staff ·

IRGC says they will target US industries in the region in coming hours, ask people to evacuate nearby areas, Tasnim reports.

What it means

The IRGC's threat to target US industries indicates a significant escalation in regional tensions, which may heighten geopolitical risk. This announcement likely spurs safe-haven flows into assets like gold and can also impact oil prices. Traders should monitor potential market reactions in the energy and equity sectors, especially related to US exposure in the region.

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