Senior Iranian military commander Ali Abdollahi stated that Iran's armed forces are prepared to provide an "immediate and decisive response" to any renewed hostilities from adversaries. This rhetoric may heighten geopolitical tensions, impacting risk appetite in regional markets. The Iranian rial and local equities could be particularly vulnerable to fluctuations as investors reassess their exposure to potential conflict escalation. Traders will likely focus on upcoming diplomatic engagements or military exercises that could serve as catalysts for further developments in the situation.
SENIOR IRANIAN MILITARY COMMANDER ALI ABDOLLAHI SAYS IRAN’S ARMED FORCES ARE READY TO DELIVER AN “IMMEDIATE AND DECISIVE RESPONSE” TO ANY RENEWED HOSTILE ACTION BY ITS ADVERSARIES, ACCORDING TO THE SEMI-OFFICIAL TASNIM…
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