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Kremlin: US strikes on Iran have increased the number of participants in the conflict

Source Fxstreet

The Kremlin said in a statement on Monday, “US strikes on Iran have increased the number of participants in the conflict and ushered in a new spiral of escalation.”

Additional takeaways

Russian President Vladimir Putin spoke to Prime Minister of Iraq.

Putin will receive Iranian Foreign Minister later today.

Subject of Putin's talks with the Iranian Foreign Minister is 'absolutely clear'.

Russia deeply regrets and condemns the US strikes.

Fate of Iran's nuclear facilities after US strikes and the radiation situation remains to be determined.

The situation of the ground in Iran after the strikes cannot but be a cause of concern.

Market reaction

Following these headlines, the US Dollar Index (DXY) seems to have gathered additional strength. At press time, the index is up 0.67% on the day at 99.40.

Disclaimer: For information purposes only. Past performance is not indicative of future results.

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