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During the Asian trading session, geopolitical risk continues to intensify. Trump announced that all mines in the Strait of Hormuz have been cleared, while issuing a "zero tolerance" warning that any vessel placing new mines will be immediately destroyed. The Space Force is monitoring the strait around the clock.
Crude oil futures fell more than 2%, hitting a one-week low, easing market concerns about supply disruptions. Gold also fell by nearly 1% to $4,605.68.
Iran’s economy is under pressure; long lines have formed at gas stations in Tehran as fuel shortages worsen. The impact of this economic blockade on Iran is starting to show.
The geopolitical situation remains highly tense and requires ongoing monitoring.
NFA DYOR
During the Asian trading session, geopolitical risk continues to intensify. Trump announced that all mines in the Strait of Hormuz have been cleared, while issuing a "zero tolerance" warning that any vessel placing new mines will be immediately destroyed. The Space Force is monitoring the strait around the clock.
Crude oil futures fell more than 2%, hitting a one-week low, easing market concerns about supply disruptions. Gold also fell by nearly 1% to $4,605.68.
Iran’s economy is under pressure; long lines have formed at gas stations in Tehran as fuel shortages worsen. The impact of this economic blockade on Iran is starting to show.
The geopolitical situation remains highly tense and requires ongoing monitoring.
NFA DYOR