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A senior Israeli security official told i24 the U.S. is preparing a response to Iran bigger than any action so far, citing Iran-backed militia strikes on Saudi targets and Tehran's refusal to negotiate over the Strait of Hormuz. The escalation risk is repricing oil supply disruption, with WTI crude up $5.30 to $84.51 (session high $85.57), while equities sold off risk-first: Dow -750 points (-1.43%), S&P 500 -0.67%, NASDAQ -0.72%. Watch for confirmation of actual U.S. military action or Hormuz shipping disruption, which would extend the crude spike, pressure risk assets including BTC beta, and lift safe havens like gold and the dollar; absent escalation, the off-the-lows equity bounce suggests markets are not yet pricing a full conflict.
As a Macro signal, watch whether it changes price action, volatility, or flows around CL=F, GSPC, GC=F.
Original Source: InvestingLive News
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