Trump's Strait of Hormuz operation could extend Iran war by weeks or months, Jerusalem Post citing sources reports
Newsquawk Staff ·
Trump's Strait of Hormuz operation could extend Iran war by weeks or months, Jerusalem Post citing sources reports.
What it means
This development signals potential escalation in U.S.-Iran tensions, which could lead to higher volatility in energy prices, particularly oil. As concerns grow over prolonged conflict, watch for risk aversion to impact commodities and safe-haven flows into currencies like the USD and JPY, while European equities may face pressure amid rising geopolitical risks.
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