Senior Hezbollah figure Wafik Safa says the group will not abide by any agreement reached during Tuesday’s meeting between the Lebanese and Israeli ambassadors in Washington.

The statement from senior Hezbollah figure Wafik Safa indicates a rejection of any agreements made during the recent diplomatic discussions between Lebanese and Israeli representatives. This escalation could increase tensions in the region, impacting assets like oil and gold, as markets typically react to geopolitical instability. Traders should watch for potential volatility in related currencies and commodities, particularly if tensions escalate further.