Iranian Foreign Ministry spokesman Baghaei says "Our armed forces are prepared for any scenario", Al Mayadeen reports

The statement from the Iranian Foreign Ministry spokesman indicates heightened tensions and a readiness for potential conflict scenarios, which could escalate geopolitical risks in the region.

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Iranian Foreign Ministry spokesman Baghaei says "Our armed forces are prepared for any scenario", Al Mayadeen reports

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Such rhetoric often leads to increased volatility in oil prices and could also influence market sentiment towards safe-haven assets like gold. Traders should be attentive to how this may impact risk assets, particularly in the context of ongoing negotiations or sanctions involving Iran.

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