"Israeli media, quoting a military official: We will have to launch another war against Iran if the nuclear issue is not resolved", Asharq News reports

The statement from an Israeli military official about potentially launching another war against Iran over its nuclear pursuits heightens geopolitical tensions in the region. This could spur a risk-off sentiment in markets, impacting FX rates, particularly for the dollar and safe-haven assets like gold, while also causing volatility in energy markets due to concerns over oil supply disruptions.