Israeli military official says Israel is still striking Iran, according to CNN
Context
The confirmation of ongoing Israeli military strikes on Iranian positions could lead to heightened tensions in the Middle East, impacting energy prices and safe-haven assets like gold. Traders should watch for increased volatility in commodities and currencies associated with geopolitical risk, specifically oil (WTI) and currencies like the JPY and CHF. This is a critical development that may influence market sentiment as investors gauge its implications for regional stability and potential responses from major powers.
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