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Europe set for a lacklustre open despite strong APAC lead; SEK flat ahead of Riksbank - Newsquawk EU Market Open
US President Trump announced sweeping economic measures against Iran and threatened consequences for countries or entities supporting Tehran.
TL;DRAI
Trump announced maximum sanctions on Iran and opened a naval corridor for 10 million barrels daily via the Strait of Hormuz. Global energy and supply chain stability now depend on geopolitical escalation, directly affecting IT operational costs and infrastructure resilience.
1,967 words~9 min read
