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Iran's ambassador to India says Tehran is not ready for negotiations with the US and Israel, while Iran does not want war but has the capability to respond

Newsquawk Staff ·

Iran's ambassador to India says Tehran is not ready for negotiations with the US and Israel, while Iran does not want war but has the capability to respond.

What it means

Iran's ambassador to India has emphasized that Tehran is currently unwilling to engage in negotiations with the US or Israel, while also asserting the country's military readiness. This situation suggests ongoing tensions that could affect energy markets and bolster demand for safe-haven assets like gold. Traders should be cautious as any escalation in rhetoric or actions could lead to volatility across currencies, particularly in the JPY and EUR.

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