Iran reportedly agrees to freeze its missile project for five years, according to Israel's Channel 12

This report signals a potential easing of tensions in the Middle East, which could influence energy prices and have broader implications for risk assets. If Iran's missile project is indeed halted, it may lead to more stable geopolitical conditions, potentially boosting market sentiment and impacting currencies like the USD. Traders should watch for changes in oil prices, given that peace initiatives could decrease supply-related risks in the region.