US Secretary of War Hegseth says America is winning with regards to Iran; says more US forces will be arriving; US will take all the time it needs to ensure success
This statement underscores a significant escalation in US military involvement concerning Iran, suggesting both sustained engagement and a proactive stance.
UK PM spokesperson says Chancellor Reeves will inform the energy industry that she still intends to end the energy profits levy, EPL, and instead have a more predictable scheme
ECB's Rehn says inflation expectations over the medium-term remain close to target, reiterates meeting-by-meeting guidance
US Secretary of War Hegseth says America is winning with regards to Iran; says more US forces will be arriving; US will take all the time it needs to ensure success
[WATCH LIVE] Pentagon briefing on US and Israel's war with Iran
UK warns China of 'severe consequences' over interference, BBC reports
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- US and Israel will have complete control of Iranian skies in under a week.
- More and larger waves are coming, "we are just getting started".
- US is accelerating not decelerating.
- US will be using unlimited stockpile of precision gravity bombs.
- US can sustain this fight easily for however long it needs to.
- Confirms US submarine sank Iranian ship in the Indian ocean.
- US can sustain the fight "easily".
General Caine
- Will now begin to expand inland.
- There has been a decrease in the number of missiles and drones being fired by Iran.
- CENTCOM is shifting from large stand-off strike packages to stand-in precision strikes.
- Have sufficient precision munitions for the task at hand.
- Over the next 24-48 hours, US will continue to strike.
The implications for energy markets, particularly oil prices, are notable since a more aggressive US posture may create supply uncertainties, elevating risk premiums. Furthermore, this could heighten geopolitical tensions in the region, impacting commodities and related assets.
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