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Prezzi
macroJul 16, 2026, 7:36 AM

Iran Warns War Could Spread to New Arenas

An Iranian army spokesperson said the US continues to attack several areas, warning the war will expand into new arenas. Tehran has no confrontation with neighboring countries.

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According to the Islamic Republic News Agency (IRNA), a spokesperson for Iran's army stated that the United States is persisting with attacks on multiple fronts. The official cautioned that the conflict could escalate to new arenas, though he reaffirmed that Tehran is not in confrontation with its neighboring states.

The statement comes amid heightened Middle East tensions, which typically increase demand for safe-haven assets such as gold. Market participants are monitoring for any potential impact on currency markets, particularly in the Gulf region and broader risk sentiment.

Source: FXStreet Forex News