The Iranian news agency, the Fars News Agency, is out with the latest headlines, citing a spokesman from Iran’s top security body, National Security Council, as saying that they have convened an emergency meeting to discuss "criminal attack" that killed Iranian Quds Force Commander Soleimani.
Meanwhile, Iran's Foreign Minister Zarif tweeted out: “Killing of Soleimani is 'extremely foolish', a 'dangerous escalation'. the US will have to bear the responsibility for the consequences of its; rogue adventurism'.
He further added that Soleimani killing will strengthen resistance in region.
Also, ex-commander of Iran’s Revolutionary Guards said, “we will take vigorous revenge on America”.
Some minutes ago, Richard Haas, President of Council on Foreign Relations (CFR), warned against Iran’s likely retaliation to the assassination of Iran’s most admired military figure, Soleimani.
Experts believe the US’ direct confrontation on Iran in Iraq has reached a point of no return and will likely get worse amid Iran’s tit-for-tat action.
Oil prices have rallied and reached multi-month tops on geopolitical worries while safe-havens yen and gold are strongly bid amid risk-aversion.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.