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CoinWorld News reports that on March 1, Singapore OCBC Bank strategist Christopher Wong stated: "As the market is about to open on Monday, the Iran conflict has increased geopolitical risk premiums. The initial market reaction is largely predictable: safe-haven assets like gold may experience 'gap up' openings, and due to concerns over supply disruptions, oil prices may also strengthen. Risk assets and high-beta currencies... may face initial volatility, especially when news reports suggest possible retaliation or regional spillover effects."