EZB8RISK / Market Briefing

Iran's rial keeps sliding to fresh lows as US pressure deepens, with the currency hitting another record low and officials warning of a dire economic crisis. Regional tension remai

Iran's rial keeps sliding to fresh lows as US pressure deepens, with the currency hitting another record low and officials warning of a dire economic crisis. Regional tension remains the dominant force, with Iran holding the Strait of Hormuz closed until its conditions are met while simultaneously warning of stronger responses yet keeping the door open to talks. Airlines resumed flights to the Iraqi holy city of Najaf after a US exemption, a narrow channel of relief amid otherwise tightening isolation.

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