Iranian Foreign Minister Araqchi says they are prepared for both war and diplomacy, will respond more and more broadly to any aggression. Contacts continue with regional allies, are optimistic.

• Nothing is set in stone when it comes to meeting with US officials.

The remarks from Iranian Foreign Minister Araqchi underscore a dual approach of being open to diplomacy while also signaling readiness for conflict. This stance reflects a balancing act that may create volatility in regional risk assets, particularly oil and currencies sensitive to geopolitical tensions. The ongoing contacts with regional allies suggest a coordinated response, which could heighten market sensitivity to further developments.