Iran President Pezeshkian tells Japan PM Takaichi that Iran is ready to continue the path of diplomacy if Washington changes its behaviour

Iran's President Pezeshkian signaling readiness for diplomatic engagement hinges on the behavior of the U.S. This suggests potential shifts in U.S.-Iran relations, influencing market perceptions surrounding energy prices and geopolitical risk, particularly for commodities like oil and gold. Traders should watch for reactions in the FX space, notably the USD and JPY, as these developments could affect overall risk sentiment across asset classes.