US President Trump's admin is eyeing Iran’s parliament speaker Ghalibaf as US-backed leader, according to POLITICO

The potential consideration of Iran’s parliament speaker Ghalibaf as a US-backed leader signals a shift in diplomatic strategy, which could lead to heightened tensions in the region. Markets may react to this by favoring safe-haven assets like gold, while pressures could arise on oil prices if further conflict dynamics evolve. Keep an eye on how this influences sentiment in equities and currencies, particularly among those linked to geopolitical stability.