Iranian embassy in Kabul, says US President Trump backs down from attacking energy infrastructures after Iran's firm warning
Context
The latest news regarding President Trump's decision to refrain from attacking Iranian energy infrastructures reflects a de-escalation of tensions. This shift can stabilize risk assets and may support commodities like oil as fears of supply disruptions diminish, while also potentially impacting currency flows towards safe havens depending on market perception of ongoing geopolitical risks.
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