Saudi Foreign Minister says Iran must review 'misjudgements', and attacks will bring no gains, demands Iran stop proxy support and protect maritime navigation immediately, adds Iran has dealt with neighbours not in a brotherhood but with a hostile view
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US President Trump's administration is considering deploying thousands of additional US troops to the Middle East as Trump weighs Iran next steps, according to sources cited by Reuters
Iranian official says explosions that hit several facilities in Iran’s Asaluyeh natural-gas complex haven’t led to any restrictions on natural-gas supplies, according to state media cited by WSJ
Saudi Foreign Minister says Iran must review 'misjudgements', and attacks will bring no gains, demands Iran stop proxy support and protect maritime navigation immediately, adds Iran has dealt with neighbours not in a brotherhood but with a hostile view
PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: BoJ policy decision and Trump-Takaichi summit are among today's key events
French President Macron says he spoke with the Emir of Qatar and President Trump following the strikes that hit gas production sites in Iran and Qatar
On the Newsquawk feed at , 20 minutes before this page.
Says
- Saudi Arabia reserves the right to take military action against Iran.
Context
The comments from the Saudi Foreign Minister signal a heightening of tensions with Iran, emphasizing a potential for military action. This could lead to increased volatility in oil markets, particularly impacting WTI prices, as military conflicts often strain supply routes and elevate risk premia in energy commodities. Traders should monitor for any immediate market reactions, particularly in oil and safe-haven assets, as these geopolitical tensions unfold.
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