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Market Impact: 0.75

Iran Ready for More Intense War and Won’t Relent, Official Says

Source: Bloomberg

Geopolitics & WarEnergy Markets & PricesInvestor Sentiment & Positioning

A senior Iranian official said Iran is prepared for a more intense war and will escalate counterstrikes if the US continues attacks on Iranian territory and infrastructure. The threat materially raises the risk of a broader US-Iran conflict, with potential market-wide risk-off effects and heightened exposure for oil and regional asset prices.

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