Reports of explosions heard in Kuwaut, SNN reports

The reports of explosions in Kuwait could signal an escalation in regional tensions, which often leads to increased volatility in oil prices and safe-haven assets like gold.

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Iranian Foreign Minister says if the US goes ahead with threats to attack Iran's infrastructure, then it will undoubtedly be met with a decisive and all-round response from the armed forces of Iran, SNN reports

BoJ Nagoya branch manager says some firms in the region are worried about FX volatility, uncertainty over Middle East conflict could hurt the economy

Reports of explosions heard in Kuwaut, SNN reports

Senior Iranian official tells Reuters that Tehran will not accept deadlines or pressure to make a decision; will not reopen Strait of Hormuz in exchange for a ‘temporary ceasefire’

[MARKET UPDATE] DXY pares back the losses seen on Pakistan mediating between US and Iran; Oil futures hold onto losses while US equity futures hold onto gains

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Traders should monitor developments closely, as scenarios of conflict in the Middle East can have significant implications for energy markets and risk appetite across asset classes.

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