French President Macron said he spoke with Iranian President Pezeshkian and called on Iran to engage in good faith negotiations
Says:
- Reiterated to Iran's President the necessity of preserving energy and civilian infrastructure and restoring freedom of navigation in the Strait of Hormuz.
- Told Iran's president to end attacks on regional countries.
Context
Macron's call for Iran to engage in good faith negotiations and to protect energy infrastructure signals a potential for de-escalation in regional tensions, particularly in the crucial Strait of Hormuz. This could affect energy markets, as stability in the region is key to oil supply, impacting prices across commodities, including WTI and gold. Traders should monitor how this dialogue influences risk sentiment and currency movements, particularly for the USD and EUR.
Trade the TapeGet this analysis live, the moment it breaksNewsquawk's real-time dashboard delivers market-moving headlines and instant context to your desk before the rest of the market reacts.
Open Dashboard#UNITED STATES#USD#EUR#FRANCE#JAPAN#JPY#UNITED KINGDOM#GBP#GEOPOLITICAL#IMPORTANT#FOREX#ENERGY#METALS#US SESSION#WTI#COMMODITIES#GOLD#METALS & MINING#MATERIALS (GROUP)#DXY