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US Secretary of War Hegseth says Iran had no intention of negotiating a nuclear deal with the US

Newsquawk Staff ·

US Secretary of War Hegseth says Iran had no intention of negotiating a nuclear deal with the US.

What it means

The statement from US Secretary of War Hegseth regarding Iran's lack of interest in negotiating a nuclear deal suggests a potential escalation in geopolitical tensions. This development could support safe-haven assets like gold and the JPY while exerting downward pressure on risk-sensitive currencies such as the EUR and GBP. Traders should be on alert for potential market volatility in response to this situation, particularly in commodity prices and forex markets.

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