Iran's war with its eighth month underway keeps regional risk elevated, with the US completing its troop withdrawal from Iraq and Kurdish leaders voicing concern over Tehran's grow
Iran's war with its eighth month underway keeps regional risk elevated, with the US completing its troop withdrawal from Iraq and Kurdish leaders voicing concern over Tehran's growing influence. Oil prices climbed after Washington rebuffed talk of easing sanctions, and stalled negotiations left Tehran appealing directly to American voters while Gulf equities slipped. The rial and broader economy remain under strain as shipping through the Strait of Hormuz stays in focus and Iraqi factions threaten unrest over flight restrictions.
Sources
Ezbrisk weighs each event against the market reaction and publishes a verdict with an overreaction reading. How the methodology works