Semafor reports that lawmakers are considering a potential congressional authorisation for military action if the US-Iran ceasefire ends

This report indicates rising tensions regarding the US-Iran relationship, as lawmakers are contemplating military action if the ceasefire collapses. Such a development could escalate geopolitical risks, influencing markets with higher volatility, particularly in oil and safe-haven assets like gold and the dollar. Investors should brace for potential market reactions depending on how quickly the situation evolves or escalates.