UK PM Starmer says the UK will not join strikes on Iran; says Iran conflict could continue for some time
Context
UK PM Starmer's statement about not joining strikes on Iran signals a preference for diplomacy over military action, which may alleviate immediate geopolitical tensions. However, his comment that the conflict could persist suggests ongoing risks and uncertainty, particularly for energy markets, as potential disruptions in the region could impact oil prices. Traders should monitor this situation closely, as prolonged instability in Iran could affect WTI and broader commodities sectors.
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