Iran's response to Islamabad's request to extend the ceasefire, and are ready to defend against any threat and evil, IRIB News reports
- Foreign Ministry spokesman emphasised that while appreciating Pakistan's efforts to end the imposed war and establish peace, Iran did not initiate this imposed war, and its actions are all in line with Iran's inherent right to legitimate defense against the military aggression of the US.
- Accordingly, Iran is taking the necessary measures to protect Iran's national interests and security, and the armed forces are also fully alert and ready to comprehensively and decisively defend the Iranian nation against any threat or evil..
- According to the Iranian Broadcasting Agency, this is Iran's only official response to Pakistan's request to extend the ceasefire; apart from this, no other
Context
Iran's firm stance on defending its national interests in response to Pakistan's ceasefire request signals potential escalation in regional tensions with implications for oil and gold markets. The emphasis on military readiness could exacerbate supply concerns in energy markets and provoke reactions in forex, particularly affecting the USD and JPY as geopolitical risk premiums adjust. Traders should monitor developments closely, as further escalations might influence broader market sentiment and asset flows.
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