Iran's Foreign Ministry: Condemns US strikes on Qeshm island
Iran's Foreign Ministry has stated during the European trading session on Wednesday that it condemns United States (US) strikes on Iranian tanker and Qeshm island.
Additional remarks
Stresses direct responsibility of Kuwait and Bahrain rulers for permitting attacks.
Reserves right to defend against any country permitting US use of territory or airspace for attacks.
This appears to be a response by the Iranian Foreign Ministry to the US “self-defense strikes” against Iran. Late Tuesday, the US Central Command (CENTCOM) said that it had intercepted and defeated a series of Iranian missile and drone attacks targeting regional neighbors, including Kuwait and Bahrain, while also carrying out self-defense strikes on Iran’s Qeshm Island.
Market reaction
No immediate impact seen in the US Dollar (USD), while the US Dollar Index (DXY) has been trading firmly since the opening due to increased US-Iran deal uncertainty, and is up 0.13% to near 99.35 as of writing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
XRP risks drop to $0.90 as analyst Diana warns of Wave 2 correction
Alphabet (GOOGL.US) Launches Roadshow for HKD and SGD Bond Issuance; May Become a "Touchstone" for Investor Confidence Amid AI Market Volatility
Alphabet (GOOGL.US) has launched the roadshow for its first Hong Kong dollar and Singapore dollar bond issuance, aiming to test investor subscription interest as companies focused on artificial intelligence (AI) face increased market volatility.

Euro finds temporary support near 1.1066 against US Dollar, outlook remains uncertain
Strategy (MSTR.US) officially removed from the MSCI index—what does this mean for crypto-related stocks?
Strategy has been officially removed from the MSCI index, with passive funds facing exit pressure. Crypto-related stocks are experiencing "significant" selling pressure.

