Russian official says US attack on Iran would be "gravest mistake"

Russian official says US attack on Iran would be "gravest mistake"

A senior Russian official's statement labeling a potential U.S. attack on Iran as the "gravest mistake" signals heightened geopolitical tensions that could destabilize oil markets and increase risk aversion in broader financial markets. This could lead to a stronger focus on safe-haven assets like gold, while the outlook for oil prices may become more volatile, especially if markets perceive a military escalation as imminent. Traders should monitor related assets for shifts in sentiment and positioning.