Iran ambassador to Moscow says Iran is fully prepared for any scenario involving a potential ground operation by the US or Israel, via Tass

Iran's ambassador to Moscow declaring preparedness for possible US or Israeli ground operations signals a heightened geopolitical tension. This rhetoric could elevate risk perceptions in the markets, particularly impacting oil prices and safer assets such as gold. Watch for how this development may drive volatility in the energy markets and influence currency flows, especially in relation to the USD and regional currencies.