Iran faces deepening economic crisis amid US tensions
Gold prices have risen due to a decline in concerns over US interest rate hikes, while the metals market is experiencing volatility caused by supply shortages—especially with the increase in copper prices and Brent crude surpassing $90 amid escalating tensions related to Iran. Meanwhile, US pressures on Iran are escalating amid a dire economic crisis threatening the country, as the dollar continues to decline with decreasing bets on interest rate hikes. In another vein, America’s wealthy are redistributing their residence and investment plans globally, and regional tensions are rising over aggressive attacks in Iraqi Kurdistan.
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