Aspire Global Company Limited

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The Iranian Defense Council stated that if Iran's coast or islands are attacked, it will sever shipping lanes and communication lines in the Gulf and lay explosive mines at sea, including from the Iranian coast.

CBOE VOLATILITY INDEX HITS TWO-WEEK HIGH, LAST UP 3.90 POINTS AT 30.68

The Chicago Board Options Exchange Volatility Index (VIX) hit a two-week high, last up 3.90 points to 30.68.

Iran's National Defense Council stated that Iran is committed to "reciprocal retaliation" and will also respond "immediately and devastatingly" to attacks on power plants and energy infrastructure.

The Iranian Defense Council stated that the only way for non-belligerent countries to pass through the Strait of Hormuz is through coordination with Iran.

Markets have raised their expectations for interest rate hikes by the European Central Bank, with pricing now indicating a 50% probability of four rate hikes by 2026 and a growing likelihood of further increases.