US President Trump told G7 leaders in a virtual meeting Wednesday that Iran is "about to surrender," according to three officials from G7 countries briefed on the contents of the call, Axios reports

President Trump's comments about Iran potentially surrendering could signal a de-escalation in geopolitical tensions, which would likely impact markets across various asset classes. This news might strengthen risk appetite, benefiting equities while putting pressure on safe-haven assets like gold and the JPY. Additionally, if the situation stabilizes, we could see implications for oil prices as supply concerns might ease if tensions diminish, positively affecting commodities markets.