Iran says commercial vessel struck in Strait of Hormuz
Iranian state media claimed an Iranian commercial vessel was struck in the Strait of Hormuz on Saturday, killing one person, amid an ongoing conflicts between the United States (US) and Iran for control over the crucial energy chokepoint, CNN reported. Separately, the United Kingdom Maritime Trade Operations Centre (UKMTO) said another vessel was hit by an unknown projectile in the strait late on Saturday. Meanwhile, Saudi Arabia has faced escalating attacks from Iran-allied groups, including a Houthi strike on energy facilities in their efforts to control a second vital waterway in the region, which could put further pressure on global oil prices. Discover more Track Market Trends Trade Crypto Assets Choose POS Systems Risk sentiment FAQs In the world of financial jargon the two widely used terms “risk-on” and “risk off” refer to the level of risk that investors are willing to stomach during the period referenced. In a “risk-on” market, investors are optimistic about the future and more willing to buy risky assets. In a “risk-off” market investors start to ‘play it safe’ because they are worried about the future, and therefore buy less risky assets that are more certain of bringing a return, even if it is relatively modest. Typically, during periods of “risk-on”, stock markets will









