TRUMP, ASKED IF IRAN DOING TALKS, SAYS DON'T KNOW: PBS

President Trump, when asked by PBS about ongoing talks with Iran, stated he did not know, signaling potential uncertainty or lack of current coordination between the U.S. and Iran. This absence of clear communication channels may heighten geopolitical risk premiums in energy and equity markets, particularly affecting oil prices due to supply disruption concerns in the Strait of Hormuz. The remarks could dampen risk appetite, benefiting safe-haven assets like gold and U.S. Treasuries while pressuring emerging market currencies with exposure to Middle East tensions. Investors are likely to interpret the comment as a pause or breakdown in diplomatic momentum, increasing the probability of unanticipated escalations. Traders will watch the next U.S. Iran-related sanctions announcement or military activity in the Persian Gulf as a key near-term catalyst.

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