Islamic Revolutionary Guard Corps & United States — Federal Reserve

Islamic Revolutionary Guard Corps: The Islamic Revolutionary Guard Corps is mentioned as a narrow clique holding power in Tehran, indicating its significant role in Iran's response to the United States' actions and its overall strategic position.

United States — Federal Reserve: The United States — Federal Reserve's policy actions, including its decision to hold interest rates due to inflation fears caused by surging energy costs, are being assessed by investors in the context of the broader market uncertainty.

Islamic Revolutionary Guard Corps: The Islamic Revolutionary Guard Corps has been involved in enforcing Iran's control over the Strait of Hormuz and has warned against US aggression.

United States — Federal Reserve: Donald Trump renewed his threat to sack United States — Federal Reserve boss Jerome Powell, though this had little major market reaction.