A senior US official tells Axios says the US has not formally asked Israel for a ceasefire in Lebanon and it is not part of the peace talks with Iran

The statement from a senior US official indicates a lack of formal requests for a ceasefire in Lebanon, suggesting that tensions might persist. This could lead to increased volatility in related markets, particularly energy and currencies, as ongoing conflict may affect supply routes and create risk-off behavior among traders. Watch for implications on oil prices and safe-haven assets as the geopolitical landscape evolves.