Israel and Iran secretly reassured each other via a Russian intermediary they would not attack each other, according to Washington Post

Israel and Iran secretly reassured each other via a Russian intermediary they would not attack each other, according to Washington Post.

The reported secret assurances between Israel and Iran, mediated by Russia, suggest a potential de-escalation of tensions that could impact market sentiment towards regional stability. This outcome may stabilize geopolitical risk premiums in commodities like oil and gold, while providing the USD, JPY, and EUR with a more favorable backdrop amid reduced flight-to-safety pressures. However, traders should stay alert to any developments that could rapidly shift this dynamic.