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8 Jan 2020
UK’s Raab urges Iran to pursue urgent de-escalation
The UK Foreign Secretary Dominic Raab released a statement on Wednesday, via Reuters, condemning Iranian missile attacks on military bases in Iraq early Asia.
Key Quotes:
“We condemn this attack on Iraqi military bases hosting Coalition - including British – forces.”
“We urge Iran not to repeat these reckless and dangerous attacks, and instead to pursue urgent de-escalation.”
Note that US airbases in Iraq also hosted US-led coalition forces including British personnel.
Meanwhile, oil prices have reversed significant part of the intraday rally to multi-month tops while gold treads water below $1600 and USD/JPY hovers below 108.50.