UK PM Starmer says he will never go to war with Iran, according to Mehr News Agency
Newsquawk Staff ·
UK PM Starmer says he will never go to war with Iran, according to Mehr News Agency.
What it means
Starmer's commitment to non-aggression regarding Iran could signal a more stable diplomatic environment, which may alleviate energy market fears of conflict in the region. This stance typically supports lower volatility in oil prices, particularly for WTI, as escalations often lead to supply concerns. Traders should watch how this influences market sentiment and commodity prices in the coming sessions.
Sources
- US and Israeli militaries have reportedly developed plans for renewed strikes on Iran after the US midterm elections, targeting energy infrastructure, nuclear facilities and missile and drone arsenals, NYT reports, citing sources
- Saudi Arabia's Eastern Province was reportedly targeted by four drones, Naya for Iraq reports
- Explosions were reportedly heard in Iran's port city of Sirik, with claims that US forces struck an anti-ship missile launcher targeting vessels in the Strait of Hormuz, Israel's Channel 12 reports
- US military is reducing troop presence at bases across the Middle East, while the State Department is ordering further staff reductions at diplomatic posts amid regional threats and potential US military action against Iran, NBC News reports
- Iran threatens to target US political figures if strikes resume, Fars News reports
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