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Two missiles hit US warship near Jask island – Fars News Agency

Iran's Fars News Agency reported on Monday that a US warship that ignored Iran's warning and intended to pass through the Strait of Hormuz was hit by two missiles when it was sailing near Jask island, per Reuters.

Citing Iran's navy, Iran's state TV said they prevented the entry of US warships in the strait.

Market reaction

Markets turned risk-averse with the immediate reaction to this headline. At the time of press, US Stock index futures were down between 0.3% and 0.6% on the day, while the US Dollar Index was up 0.25% ad 98.45.

Author

Eren Sengezer

As an economist at heart, Eren Sengezer specializes in the assessment of the short-term and long-term impacts of macroeconomic data, central bank policies and political developments on financial assets.

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