US HOUSE SPEAKER JOHNSON: US NOT IN WAR WITH IRAN. NO NEED FOR CONGRESS TO WEIGH IN ON IRAN MILITARY ACTION - NBC

US House Speaker Johnson stated that the United States is not currently in a state of war with Iran and indicated that Congressional approval is not necessary for military actions against Iran. This clarification may reduce immediate geopolitical tensions, impacting risk appetite among investors. Assets most exposed include defense stocks and oil markets, as any military escalation could lead to supply disruptions and increased volatility in energy prices. Traders will likely focus on upcoming Congressional discussions or any developments in the Iran nuclear negotiations as potential catalysts for market movement.

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