🚨 BREAKING:
🇮🇷 Iran has begun firing missiles toward the Strait of Hormuz during naval drills as indirect nuclear talks with the United States begin in Geneva. Iranian state media reports the live-fire exercise involves missiles launched near this critical waterway.
The Strait of Hormuz is a major global oil choke-point, with roughly 20% of the world’s oil supply passing through daily.
Missile activity here raises tensions between Tehran and Western powers and could impact energy markets, shipping routes, and regional security.
The timing — during diplomatic talks — suggests Iran is demonstrating military readiness even as negotiations proceed.
📈 Oil markets:
Threats or actual disruption of the strait often cause spikes in crude prices due to fears of supply bottlenecks.
⚠️ Risk sentiment:
Heightened geopolitical risk typically pushes investors to safe havens (e.g., gold, USD) and increases volatility across global markets.
🛡️ Regional security:
This underscores how military posturing and diplomacy are unfolding in parallel — not necessarily in sync.