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⚔️ war

Iran warns renewed war with US could last longer than previous conflict

red ship on sea waves during daytime
Photo by Mauro Shared Pictures on Unsplash

Iran said on Sunday that a renewed war with the United States could go on longer than the previous conflict. President Donald Trump suggested that Washington still had targets it could strike. Tehran threatened retaliation without geographical limits. Diplomatic efforts to prevent a fresh escalation were continuing ahead of Tuesday's US midterm elections.

📊 What it means for markets

Escalation risk between Iran and the US may lift oil and gold prices as investors seek safe havens, and could strengthen the USD. Stock markets often react with volatility. Diplomatic progress could ease these moves.

Source: France 24

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