The explosions heard on the outskirts of Tehran are a routine missile test, Al Hadath reports citing Iranian TV
Newsquawk Staff ·
The explosions heard on the outskirts of Tehran are a routine missile test, Al Hadath reports citing Iranian TV.
What it means
The reports of missile tests near Tehran indicate a routine military exercise rather than an escalation in regional tensions. Such activities can often trigger volatility in oil and gold markets, as well as influence regional currency pairs, but given the routine nature, the market impact may be limited unless associated with greater geopolitical instability.
Sources
- The Yemeni Armed Forces reportedly attack vital facilities in the southern region of Saudi Arabia, reports Sabereen News
- Reports of explosions heard in the Strait of Hormuz, reports Sabereen
- Eight tankers carrying 300,800 tonnes of Russian diesel are being monitored on potential voyages to the US, with seven declaring the US as their destination and arrivals expected from November 7th, according to Ukrainian sources cited by an RFE journalist
- Israel has shared intelligence with the US asserting that Iran is considering the use of chemical weapons against its adversaries, information met with alarm by some American officials and deep skepticism by others, NYT reports citing sources
- Senior Iranian official says mediators are making strenuous efforts to narrow the gaps between Tehran and Washington, Al Araby Al Jadeed reports
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