The IRGC naval commander was eliminated in Bandar Abbas, according to the Jerusalem Post citing an Israeli source

Newsquawk StaffPublished 26 Mar 2026, 08:29 UTC

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08:15

H&M (HMB SS) forecasts Q2 external factors on gross margins to remain somewhat positive Y/Y, but an extended Middle East situation could cause additional cost pressure

08:10

EUROPEAN OPEN: HMB SS Q4 operating profit beats, sees sales up; HLAG GY warns 2026 earnings to fall sharply; HEN3 GY in advanced talks to buy OLPX; BMPS IM removes Lovaglio as CEO; STMPA FP upgraded, EVO SS downgraded

08:09

The IRGC naval commander was eliminated in Bandar Abbas, according to the Jerusalem Post citing an Israeli source

08:04

Ukrainian President Zelensky says Ukraine does not see any genuine desire from Russia to end the war

08:04

European Movers: Next (NXT LN) +4.9%, STMicroelectronics (STMPA FP) +1.7%, Henkel (HEN3 GY) -0.3%, Hapag-Lloyd (HLAG GY) -0.4%, BMPS (BMPS IM) -1.0%, H&M (HMB SS) -5.1%

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Context

The elimination of the IRGC naval commander could escalate tensions in the region, impacting oil supply dynamics and potentially affecting safe-haven assets like gold. Markets might react with volatility, particularly in the WTI crude and broader energy space, as well as impacting USD and JPY flows due to shifts in risk sentiment.

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