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Israeli Foreign Minister says have already won and Iran has been dramatically weakened; will continue the war with Iran until the mission is completed

The statement from the Israeli Foreign Minister indicates a significant escalation in rhetoric regarding the conflict with Iran, suggesting a long-term commitment to military engagement.

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Context

This could heighten geopolitical tensions in the region, potentially impacting oil prices and safe-haven assets like gold. Traders should monitor responses in the commodity markets and currency flows, particularly within the USD and JPY, as escalations may lead to increased demand for havens and reactivate supply concerns in energy markets.

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