US Pentagon is reportedly moving a Marine expeditionary unit to the Middle East, WSJ reports; Defence Secretary Hegseth approved a request from Central Command for the unit, which typically consists of 2.5k Marines
The deployment of a Marine expeditionary unit to the Middle East signals potential escalation in the region, which could influence stability and risk perception for investors.
Newsquawk European Market Wrap - 13th March 2026
China's Foreign Minister says Wang Yi held a call with his Dutch counterpart, via Xinhua; willing to enhance communication and trust
US Pentagon is reportedly moving a Marine expeditionary unit to the Middle East, WSJ reports; Defence Secretary Hegseth approved a request from Central Command for the unit, which typically consists of 2.5k Marines
Petrobras (PBR) raises prices of diesel sold to distributors
Italy's Foreign Ministry denies the FT report relating to negotiations to open the Strait of Hormuz
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The implications for oil prices and safe-haven assets like gold may be significant, as markets react to heightened geopolitical tensions. Keep an eye on how this affects broader market sentiment, especially within energy and defense sectors.
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