An Israeli source told i24NEWS that even at this stage, the assessment in Israel is that there will be no breakthrough in the negotiations between the US and Iran

The statement from an Israeli source indicating a lack of progress in US-Iran negotiations is likely to heighten geopolitical tensions, particularly in the Middle East.

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An Israeli source told i24NEWS that even at this stage, the assessment in Israel is that there will be no breakthrough in the negotiations between the US and Iran

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Traders cite unverified reports citing Iranian TV that all diplomatic channels and indirect talks have been frozen following Trump's latest threats; DESK UNABLE TO VERIFY - treat with caution

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This could lead to increased volatility in oil and metals markets, as traders react to the potential for supply disruptions. Additionally, the uncertainty may impact forex dynamics, particularly concerning commodity-linked currencies like the JPY and AUD, as well as safe-haven assets such as gold.

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