Traders cite unverified reports citing Iranian TV that all diplomatic channels and indirect talks have been frozen following Trump's latest threats; DESK UNABLE TO VERIFY - treat with caution

The reports of frozen diplomatic channels and indirect talks with Iran introduce a notable escalation in tensions, which may affect market sentiment, particularly in energy and forex. Traders should be cautious, as unverified rumors can lead to volatility but may not reflect a sustainable shift in the geopolitical landscape. Watch for reactions in oil prices and safe-haven currencies, as these could be the clearest expressions of market sentiment.