Iranian TV states Iran will not recognize ceasefire announced by Trump and may not abide by it and will act in accordance with its national interests, according to Al Mayadeen

The assertion from Iranian TV that Iran will not recognize the ceasefire announced by Trump signals potential for heightened tensions in the region, which could affect energy prices and market volatility. This resistance may lead to further geopolitical unrest, impacting commodities, particularly oil, and creating ripple effects across equities and foreign exchange markets as investors re-evaluate risk. Traders should keep an eye on how these tensions could reshape sentiment and drive asset flows in the coming sessions.