IRGC says they will target US industries in the region in coming hours, ask people to evacuate nearby areas, Tasnim reports
The IRGC's threat to target US industries indicates a significant escalation in regional tensions, which may heighten geopolitical risk.
UAE's Fujairah resumes oil loadings after drone strike, according to WSJ citing sources
British Airways (IAG LN) extends temporary reduction in flying schedule in the Middle East
IRGC says they will target US industries in the region in coming hours, ask people to evacuate nearby areas, Tasnim reports
China's VP He Lifeng urges the US to remove unilateral tariffs, Xinhua reports; hopes US widens list of cooperation
UK treasury proposes Financial Ombudsman Service reforms to prevent it acting as ‘quasi-regulator’
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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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