Israel was reportedly unaware that the US was nearing a deal with Iran, according to sources; had been preparing for an escalation.

This headline suggests a potential misalignment between US and Israeli strategies regarding Iran, which could lead to geopolitical tensions.

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Israel was reportedly unaware that the US was nearing a deal with Iran, according to sources; had been preparing for an escalation.

US and Iran closing in on a MOU aimed at ending the conflict, CNN reports. US had received positive feedback from Pakistan on Tuesday that Iran was progressing toward a compromise, there was some scepticism, before a renewed diplomatic push occurred.

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If the US successfully engages Iran while Israel is ramping up military preparedness, we could see market reactions in safe-haven assets like gold and currencies like the JPY and CHF, potentially sparking volatility in the forex and commodities markets.

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