UN Security Council has scheduled a closed consultation on Iran for Friday morning at the request of Russia, according to Times of Israel

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UN Security Council has scheduled a closed consultation on Iran for Friday morning at the request of Russia, according to Times of Israel

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  • Fars News Agency reports that the meeting is scheduled for Friday, April 7th.

Context

The UN Security Council's scheduled consultation on Iran, prompted by Russia, signals potential shifts in geopolitical tensions that could impact energy markets and currencies, particularly the USD and JPY. Traders should watch for any statements post-meeting, as escalations or resolutions could lead to volatility in oil prices and safe-haven demand, particularly for gold and other commodities.

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