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The Iranian attack on Israel currently is the widest since the start of the war, Al Jazeera reports citing Channel 14

The report of the Iranian attack on Israel being the widest yet since the war escalated suggests a significant increase in tensions in the region.

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The Iranian attack on Israel currently is the widest since the start of the war, Al Jazeera reports citing Channel 14

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"Three US officials told me discussions are taking place about a possible ceasefire with Iran in return for the reopening of the Hormuz strait. The officials said it is unclear if a deal can be reached", Axios' Ravid

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This escalation could drive demand for safe-haven assets like gold and the USD, while also impacting oil prices given the potential for supply disruptions. Traders should be cautious, as such geopolitical developments can lead to volatility in both FX and commodity markets.

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