US officials told the Wall Street Journal that US warships in the Middle East are preparing for potential strikes on Iran within weeks.
FirstSquawk10/24, 10:56 PM
Market impact
Which way this story pushes each asset. An inference from the story, not a measured move.
WTI
Would push up
DaysLow confidence
Reports of preparations to strike Iran raise the oil supply-risk premium
Gold
Would push up
DaysLow confidence
Rising Middle East war risk supports safe-haven demand for gold
What could change this
If no strike materializes, the risk premium built into oil and gold could fade quickly.
Related assets
Coming up for WTI
Explore next
Latest WTI news
Jin1010/24, 11:04 PM
FirstSquawk10/24, 10:56 PM
FirstSquawk10/24, 10:56 PM