Russian Foreign Ministry says Russia has not received a formal response from US on the expiring START treaty; US approach to Russia's initiative on new START treaty is misguided and regrettable

Russian Foreign Ministry says Russia has not received a formal response from US on the expiring START treaty; US approach to Russia's initiative on new START treaty is misguided and regrettable.

The Russian Foreign Ministry's statement signals rising tensions regarding the expiring START treaty, emphasizing that the U.S. has yet to engage formally. This lack of communication may escalate geopolitical risks, impacting market sentiment around safe-haven assets like gold and potentially influencing the USD's strength, particularly against currencies like the EUR and JPY.