Israeli Air Force Commander says we are prepared to use the "entire air force" against Iran if necessary.

The statement from the Israeli Air Force Commander indicates a significant escalation in rhetoric regarding Iran, which may heighten tensions in the region. This could lead to increased volatility in energy markets, particularly oil and gold, as traders react to potential supply threats. Expect potential cross-market implications, especially for the USD and JPY, as geopolitical risks often drive safe-haven flows and influence currency movements.