Israeli PM Netanyahu urged US President Trump in a call on Sunday not to go for a ceasefire at the moment and expressed concern about the risks of such a move, according to Axios citing an official

This development suggests a persistent tension in U.S.-Middle East relations, particularly concerning Iran, which could impact oil prices and broader market sentiment.

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Israeli PM Netanyahu urged US President Trump in a call on Sunday not to go for a ceasefire at the moment and expressed concern about the risks of such a move, according to Axios citing an official

Two Israeli sources and diplomats familiar with the details of the talks tell Amichai Stein (i24 News/Jerusalem Post) there is a very low chance of an agreement between Iran and the US

US military is making preparations for potential strikes on energy targets in Iran, according to WSJ citing multiple US officials

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  • Trump told Netanyahu that if Iran agrees to the US demands a ceasefire could happen, but stressed he won't give up on his demand that Iran hand over all of its enriched Uranium and agree not to resume enrichment.
Context

The U.S. refusing to back a ceasefire implies potential prolonged conflict, likely to be viewed negatively by markets focused on stability, raising risks for equities and commodities like oil and gold. Keep an eye on how these geopolitical tensions affect currency movements, especially in currencies linked to these regions.

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