Iran vows response beyond Mideast and target financial assets; oil markets fear generational damage
⟶ Iran has vowed to respond to an unspecified event. The country stated its response would extend beyond the Middle East and target financial assets.
Why it matters
The threat to target financial assets and extend the conflict beyond the Middle East has caused concern in oil markets. There is a fear of generational damage.
Possible impact
Oil markets fear generational damage.