Iranian Foreign Minister Araghchi says negotiations with the US are no longer on the agenda
The statement from Iranian Foreign Minister Araghchi implies a significant de-escalation in diplomatic relations with the US, suggesting that any future negotiations are unlikely.
Saudi Aramco FY25 (SAR) net 384bln (exp. 374bln), oper. profit 707bln (exp. 738bln), rev. fell 4.8% Y/Y to 1.56tln, announced up to a USD 3bnl share buyback
Israel expects Lebanon offensive to outlast Iran conflict, with IDF preparing extended campaign against militant group Hezbollah, according to people familiar with the discussion cited by Financial Times.
Iranian Foreign Minister Araghchi says negotiations with the US are no longer on the agenda
Taiwan's Formosa Petrochemical (6505 TT) declares a force majeure on some supplies
UAE issues a missile threat alert
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This could heighten geopolitical tensions in the region, impacting oil prices and potentially bolstering demand for safe-haven assets like gold. Traders should monitor related assets closely as this development may lead to volatility in the markets.
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