US President Trump says Iran war could go on for another two to three weeks; time is not of the essence
President Trump's comments suggest a prolonged conflict with Iran, which could create volatility in energy markets, especially for oil and gold.
Australian S&P Global Composite PMI Final (Apr) 50.40 vs. Exp. 50.10 (Prev. 46.6)
UNSC resolution prepared by the US, Saudi Arabia, Bahrain, Qatar, the UAE, and Kuwait opens the door for potential enforcement measures, AsharqNews reports citing the resolution "to be distributed tomorrow"
US President Trump says Iran war could go on for another two to three weeks; time is not of the essence
Iranian Foreign Minister Araghchi posts "As talks are making progress with Pakistan's gracious effort, the US should be wary of being dragged back into quagmire by ill-wishers. So should the UAE."
"Iranian Defense Council member Ali Akbar Ahmadian: Our security does not accept negotiations, and Washington obstructed global navigation and energy security", Al Jazeera reports
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The uncertainty surrounding geopolitical tensions often leads to risk-off sentiment, impacting currencies like the USD and equities as investors may seek safer assets. Monitor for potential market shifts as traders react to this extended timeline and its implications for energy prices and overall risk appetite.
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