Iran still hasn’t found the crashed helicopter with its President aboard

Earlier news here:

• A helicopter carrying Iranian president Ebrahim Raisi and other leaders has gone missing

Update:

• Gold smashes higher, $2440 hit for record high

The latest is that a Turkish drone fed coordinates to Iran of a location it had spotted a heat signature of what was thought to be the downed chopper.

There are conflicting reports about of Iran on this:

Via Twitter:

• Fars news first says there was no trace of Raisi helicopter at the coordinates given by Turkish drone and then broadcasts a reporter footage who says there is no information yet from the coordinates

Maybe Iranian authorities are in no rush rescue to rescue the unloved President and Foreign Minister. It certainly sounds like a clown show otherwise.

Oil update – its up, but not showing too much concern over what could potential be another escalaiton in the Middle East:

This article was written by Eamonn Sheridan at www.forexlive.com.