Analyst: Iran's New Supreme Leader Takes Hardline Stance with No Sign of Compromise
BlockBeats News, March 12th, Analyst Dara Doyle stated that the market interpreted the remarks of newly appointed Supreme Leader Mojtaba Khamenei as quite hardline, with little sign that Iran is ready to make concessions to the United States and Israel. In his first public statement after taking office, he stated that the Strait of Hormuz should remain closed and threatened to open new fronts in the war. This has heightened concerns in the market about the continued disruption of the global key oil chokepoint supply. US bond yields and oil prices surged, stocks fell, and the US Dollar Index rose to a new intraday high. (Jinse)
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
Jim Cramer Calls Ralph Lauren Stock Top Apparel Pick Before Thursday Earnings
Yardeni Says Analysts Still See S&P 500 Earnings Near $500 Per Share by 2028
US stock contracts related to AI cloud computing infrastructure collectively fell over the past 24 hours
Crypto prices
More
