Iran Parliament Speaker Says Country Isn’t Underestimating Risk of Military, Terror Attacks

Source
JH Kim

Summary

  • The speaker of Iran’s parliament said the country is not underestimating the risk of military attacks and terror attacks.
  • He said concerns are growing over a military clash involving the Strait of Hormuz and energy facilities.
  • He said markets are focused on how tensions in the Middle East could affect energy supplies and geopolitical risk.

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Photo: Shutterstock
Photo: Shutterstock

Iran said it remains on alert against possible military and terrorist attacks, underscoring persistent tensions in the Middle East.

Mohammad Bagher Ghalibaf, speaker of Iran’s parliament, said May 6 that the country is not underestimating the risk of either military or terrorist attacks, Walter Bloomberg reported.

The comments come as tensions between the US and Iran continue.

Concerns have recently intensified over possible military clashes in the Middle East involving the Strait of Hormuz and energy facilities.

Iran has maintained that it is keeping a heightened state of readiness in case of a military response.

Markets are watching how tensions in the Middle East could affect energy supplies and geopolitical risks. Whether military action follows or diplomatic negotiations make progress will be a key variable.

JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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