Iran’s IRGC: Targeted 85 US military sites in Bahrain, Kuwait after ceasefire breach
The post Iran’s IRGC: Targeted 85 US military sites in Bahrain, Kuwait after ceasefire breach appeared on BitcoinEthereumNews.com. The Iranian Islamic Revolutionary Guards Corps (IRGC) said on Wednesday that it “targeted 85 US military sites in Bahrain and Kuwait following the US ceasefire breach. The Iranian military added that it “downed a US MQ9 drone in the country’s south”, as cited by Iran’s Press TV. Market reaction As of writing, WTI is trading modestly flat below $72,50, unperturbed by these headlines. The US oil has stalled its previous rebound from almost pre-war levels. Risk sentiment FAQs In the world of financial jargon the two widely used terms “risk-on” and “risk off” refer to the level of risk that investors are willing to stomach during the period referenced. In a “risk-on” market, investors are optimistic about the future and more willing to buy risky assets. In a “risk-off” market investors start to ‘play it safe’ because they are worried about the future, and there