EZB8RISK / Market Briefing

Iran's economic picture stays strained as the war drags on, with the rial under pressure and fresh sanctions targeting procurement networks. A tanker was struck by an unknown proje

Iran's economic picture stays strained as the war drags on, with the rial under pressure and fresh sanctions targeting procurement networks. A tanker was struck by an unknown projectile in the Strait of Hormuz, keeping shipping risk and oil market nerves in focus, while Tehran's foreign minister brought a US proposal to cabinet and officials stress negotiating from strength. Regional spillover continues, with US forces wrapping up their mission in Iraq and Iraqi factions threatening unrest over an Iran flight ban.

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