US Senate Majority Leader Thune says President Trump has not, to his knowledge, made any decisions regarding Iran, Punchbowl's Weiss reports

• Thinks they are "...gaming out what contingencies might look like and what's in our national security interests. And of course, obviously first and foremost, to prevent them from having a nuclear capability."

Senate Majority Leader Thune's comments indicate that the U.S. administration is still in a deliberative phase regarding Iran, rather than having made firm decisions. This suggests that while there are potential tensions, any immediate escalations may be limited, which can have implications for energy prices and safe-haven assets like gold. Traders should monitor further developments as they could influence risk sentiment across currencies and equities.