Iran’s President Promises Stability as Gold Prices Signal War - Jerusalem Center for Security and Foreign Affairs

Source: Jerusalem Center for Security and Foreign Affairs

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DW NOTE

Iran's president is promising stability while gold trades $700 below its January peak and oil is down 23% from recent highs — with 2,000 ships trapped in the Gulf and a fifth of global supply shut off for a week. If this is what war premiums look like, markets have already priced in de-escalation that hasn't happened yet.

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