Strikes on Iran could take place within the next 24 hours as Donald Trump is said to have decided to intervene in the regime’s crackdown, according to The Telegraph

Strikes on Iran could take place within the next 24 hours as Donald Trump is said to have decided to intervene in the regime’s crackdown, according to The Telegraph.

The potential for U.S. strikes on Iran heightens geopolitical tensions, which could lead to a risk-off sentiment in the markets. This scenario typically benefits safe-haven assets like gold and the JPY, while creating volatility in energy markets, particularly WTI crude oil. Traders should monitor how this development influences forex and equity markets over the coming sessions.