EU warns Hormuz closure, Israeli Lebanon strikes threaten stability

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Published: 3 days ago

EU Commission President von der Leyen warned that closure of Hormuz Strait and Israeli military strikes on Lebanon pose serious threats to regional stability, stating no peace is possible while Lebanon remains destabilized. The escalating Middle East tensions could trigger risk-off sentiment, strengthening safe-haven currencies like USD, JPY, and CHF while pressuring EUR and oil-linked currencies amid potential supply disruption concerns.

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