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WSJ: Gulf Edges Toward War, Iran Denies Trump Talks, More

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WSJ: Gulf Edges Toward War, Iran Denies Trump Talks, More

WSJ reports the Gulf is edging toward war while Iran denies reports of talks with former President Trump, heightening the risk of regional military escalation. Expect immediate upward pressure on oil prices and shipping-risk premia, wider market volatility and safe-haven flows that could impact EM assets and FX if tensions continue to rise.

Analysis

WSJ reports the Gulf is edging toward war while Iran denies reports of talks with former President Trump, heightening the risk of regional military escalation. Expect immediate upward pressure on oil prices and shipping-risk premia, wider market volatility and safe-haven flows that could impact EM assets and FX if tensions continue to rise.

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