1. Iran's Revolutionary Guards threatened strong action against any military vessels approaching the Strait of Hormuz, deeming it a ceasefire breach and escalating conflict risks in the vital oil route.
2. In the currency market, the Euro dropped 0.4% to $1.168 and the Yen weakened to 159.33 per Dollar, indicating a significant shift in market sentiment.
3. Geopolitical tensions are rising after Iran officially rejected U.S. demands to halt uranium enrichment and fully open the Strait of Hormuz.
Hormuz Tensions Escalate, Euro Drops & Yen Weakens
