Iran's Deputy Foreign Minister says Iran is ready to abandon its nuclear program on the condition that the US presents a rewarding alternative offer, Sky News Arabia reports; adds no message was sent to the US to end the conflict

• Focused on self defence efforts.

Iran's Deputy Foreign Minister's comments suggest a potential for negotiation surrounding its nuclear program, contingent on a favorable offer from the U.S. This development could lead to shifts in risk sentiment, potentially impacting commodities like oil and gold, as well as foreign exchange rates, particularly the USD and JPY. However, the lack of direct communication to the U.S. implies that escalation remains a risk until tangible agreements are made.