Iran's Foreign Minister Amirabdollahian Says 'A Preemptive Actions' By The Resistance Front Could Be Expected In The Coming Hours
Portfolio Pulse from Benzinga Newsdesk
Iran's Foreign Minister Amirabdollahian has stated that 'A Preemptive Actions' by the Resistance Front could be expected in the coming hours, according to Reuters citing Iran State TV.
October 16, 2023 | 7:55 pm
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NEGATIVE IMPACT
Potential geopolitical tensions in the Middle East could impact the iShares MSCI Israel ETF (EIS).
Geopolitical tensions in the Middle East often lead to market volatility. As EIS tracks the investment results of an index composed of Israeli equities, it could be negatively impacted by any escalation in tensions.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 70
NEGATIVE IMPACT
The SPDR S&P 500 ETF (SPY) could be affected by potential geopolitical tensions.
Geopolitical tensions can cause market uncertainty and volatility, which could impact the SPY ETF, as it tracks the S&P 500 Index.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
The United States Oil Fund (USO) could see price fluctuations due to potential geopolitical tensions in the Middle East.
Geopolitical tensions in the Middle East often lead to oil price volatility. As USO tracks the price of West Texas Intermediate light, sweet crude oil, it could be positively impacted by any increase in oil prices due to potential tensions.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 80