Iranian lawmaker says Iran has no hopes pinned on negotiations with the US and does not trust the other side despite entering talks in good faith, Iran International reports

This statement from an Iranian lawmaker highlights a significant escalation in tensions between Iran and the US. The lack of trust and continued threats from Iran could lead to increased volatility in oil prices and safe-haven assets like gold, as geopolitical risks rise, which is crucial for traders to monitor given the ongoing market sensitivity to such developments.