A spokesperson for the Lebanese president told CNN regarding a reported phone call between Lebanese President Aoun and Israeli PM Netanyahu "We have no knowledge of this, and if it happened, a statement will be issued."

This statement from the Lebanese president's spokesperson downplays any potential diplomatic development with Israel, indicating a lack of confirmation regarding the phone call. Given the heightened sensitivity in the region, the absence of communication could signal ongoing tensions, impacting market perceptions, particularly in energy and safe-haven assets like gold. Investors might keep a close eye on how this plays out, as it may influence broader geopolitical stability and related commodities.