Iranian security official warns that if Israel violates the ceasefire, an "all-out defense" will be launched

This warning from an Iranian official about potential military action if Israel breaches the ceasefire raises tensions in the region, which could impact energy prices and safe-haven assets. Increased geopolitical risk often leads to volatility in commodities and currencies, particularly the USD and energy-related assets, as markets assess the likelihood of conflict escalation. Traders should monitor the situation closely for potential spillover into broader market sentiment.