BREAKING: The US is expected to launch a major broader-scope attack on Iran in the coming hours, far beyond the scope of last night's strikes, with Israeli Channel 12 saying full-scale war may be immi

BREAKING: The US is expected to launch a major broader-scope attack on Iran in the coming hours, far beyond the scope of last night's strikes, with Israeli Channel 12 saying full-scale war may be imminent in the coming hours. Separately, Axios' Barak Ravid, the most optimistic "imminent-deal" voice throughout this war, now says negotiations could fully "collapse in the next 2-3 hours." — via @HormuzLetter

Imminent full-scale war with Iran triggers extreme geopolitical risk and market uncertainty.