Qatari Foreign Ministry: The Prime Minister emphasized to Araghchi that closing the Strait of Hormuz or using it as a pressure card would lead to deepening the crisis.

The Qatari Foreign Ministry reported that the Prime Minister warned Iranian official Abbas Araghchi against closing the Strait of Hormuz, stating it would exacerbate regional tensions. This statement highlights the geopolitical risk associated with the Strait of Hormuz, a critical chokepoint for global oil shipments, which could impact oil supply dynamics and elevate prices. The potential for increased military tensions in the region may heighten risk aversion among investors, leading to capital flows away from equities and into safe-haven assets such as gold or U.S. Treasuries. Traders will be particularly attentive to any further developments or military maneuvers in the region, as these could serve as immediate catalysts for market volatility.

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