Iran's Parliament Speaker Ghalibaf's Advisor says Trump's decision to extend the ceasefire makes no sense. The ceasefire extension is an attempt to buy time for a surprise attack. Iran currently holds the initiative.

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Iran's Parliament Speaker Ghalibaf's Advisor says Trump's decision to extend the ceasefire makes no sense. The ceasefire extension is an attempt to buy time for a surprise attack. Iran currently holds the initiative.

Newsquawk US Market Wrap: Markets volatile to prospect of US/Iran talks while Trump extends ceasefire

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Context

The statement from Iran’s Parliament Speaker's advisor indicates rising tensions, suggesting that the ceasefire extension is viewed as a tactical move by the U.S. to gain leverage, rather than a genuine effort for peace. This shift could escalate geopolitical risks, particularly for energy markets like oil, and may drive up demand for safe-haven assets such as gold amid potential market volatility.

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