IRAN'S FOREIGN MINISTER TELLS PAKISTANI COUNTERPART THAT U.S. "ONGOING CEASEFIRE BREACHES" ARE A SIGNIFICANT BARRIER TO THE CONTINUATION OF THE DIPLOMATIC PROCESS, ACCORDING TO AN IRANIAN FOREIGN MINISTRY STATEMENT.

Iran's Foreign Minister has expressed concerns to his Pakistani counterpart regarding ongoing U.S. ceasefire breaches, labeling them as significant obstacles to the diplomatic process. This statement may heighten geopolitical tensions, influencing risk appetite in the region, particularly among investors in emerging markets. Assets most exposed include Iranian state bonds and regional equities, which could face volatility amid increased uncertainty surrounding U.S.-Iran relations. Traders will be particularly attentive to any subsequent diplomatic engagements or statements from the U.S. that could either escalate or de-escalate tensions in the coming days.

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