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❗️ Reports say Iran may close the Strait of Hormuz due to a “breach of trust” by the US and Israel’s actions in Lebanon.
Iran says this is only the “first step” and warns that further measures could follow if the “aggression continues.”
At the same time, negotiations are still ongoing. The meeting in Switzerland is expected to take place, while Iran is waiting for the US to pressure Israel over Lebanon.
So, as usual, the market gets another geopolitical rollercoaster.$0G