Israeli security source says the goal is to disarm Hezbollah, Sky News Arabia reports
The statement regarding the goal to disarm Hezbollah signifies a potential escalation in regional tensions, which could have broader implications for geopolitical stability in the Middle East.
US Military has told 44 vessels to turn back in Hormuz, up from 42 yesterday
US to sell USD 77bln 26-week bills and USD 89bln of 13-week bills on May 4th, and USD 75bln of 6-week bills on May 5th; all to settle on May 7th
Israeli security source says the goal is to disarm Hezbollah, Sky News Arabia reports
Chinese Foreign Minister held a phone call with US Secretary of State Rubio, Xinhua reports; both should prepare high-level exchanges
US NEC Director Hassett says they are in constant communication with oil firms, speaking on how to increase production "soon"
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This situation may lead to increased volatility in oil prices and safe-haven assets, such as gold, as traders react to the changing risk environment. Additionally, significant currency fluctuations, particularly in the USD and JPY as safe-haven currencies, may be expected as markets assess the potential impact on international relations and energy supply.
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