"Senior US official denies a US ship was hit by Iranian missiles", Axios' Ravid reports

Context

The denial of a US ship being hit by Iranian missiles signals a potential easing of immediate tensions between the US and Iran, which could stabilize risk assets. This news may provide some relief in energy markets, suggesting a lower likelihood of disruptions to oil supply, especially for WTI and Brent. Traders should watch how this impacts the USD and related currencies, as geopolitical risk premiums may adjust accordingly.

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