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Financial Times: US and Israel launch 'massive' strikes on Iran as Trump calls for regime change

Category:Cross-Border
Updated:2026-02-28
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“Investors eager to shift their positioning following attacks on Iran will have to wait until Sunday evening for the oil futures markets to open. Oil prices are expected to rise in the short term as Iranian supply is interrupted and trade routes are affected. The currencies of oil-importing countries, such as India’s rupee, Turkey’s lira and South Africa’s rand, are forecast to be hit hardest, Corpay Cross-Border Solutions chief market strategist Karl Schamotta said.”

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