Senior Israeli Security official told News 14 "Waiting for the ultimatum to expire tonight, after which if no agreement is reached-what doesn't look likely right now-Iran will burn"
This statement from a senior Israeli security official highlights escalating tensions regarding Iran, suggesting a potentially volatile situation if no agreement is reached by the deadline.
Senior Iranian source says Tehran has rejected any temporary ceasefire with the US, Reuters reports
Japan PM Takaichi says government will keep close eye on Middle East situation’s impact on economy, take necessary steps without hesitation, Reuters reports; sees no need to compile extra budget at the moment
Senior Israeli Security official told News 14 "Waiting for the ultimatum to expire tonight, after which if no agreement is reached-what doesn't look likely right now-Iran will burn"
IRGC says it launched a large-scale missile and drone operation targeting US bases and interests in the Persian Gulf and Strait of Hormuz, Israeli-linked sites, and petrochemical facilities in Saudi Arabia, IRCG says
Iranian President Pezeshkian reportedly accused IRGC commanders of unilateral actions that "wrecked ceasefire prospects and pushed Iran towards disaster", Iran International reports citing sources
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The implication of Iran being left with no options raises concerns for energy and commodity markets, particularly oil and gold, as geopolitical instability often leads to price spikes in these assets. Furthermore, the broader currency markets could be impacted, especially the USD and JPY, as traders assess safe-haven flows in anticipation of potential conflict.
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