Russian President Putin tells Iran Foreign Minister Russia will do everything to secure peace in the Middle East, AFP reports

Putin's commitment to securing peace in the Middle East reflects a potentially stabilizing move, which may influence energy prices and geopolitical tensions in the region. A more peaceful Middle East could lead to reduced supply risks for oil, impacting WTI and overall market sentiment, while also affecting key currencies like the USD and JPY against emerging market currencies. Traders should watch for immediate reactions in commodity markets and the broader FX landscape as the implications unfold.