IRAN PARL’T SPEAKER GHALIBAF: THE IRANIAN NATION, NO MATTER HOW MUCH ECONOMIC PRESSURE THEY FACE, WILL ENDURE THE HARDSHIPS FOR THE SAKE OF THEIR FAITH AND BELIEFS.

Iran's Parliament Speaker Ghalibaf emphasized the resilience of the Iranian nation in the face of economic pressure, asserting that citizens will endure hardships for their faith and beliefs. This statement may influence market sentiment through the channel of risk appetite, as it underscores the government's commitment to maintaining social cohesion despite economic challenges. Assets most exposed include Iranian equities and shipping stocks, as geopolitical tensions and sanctions could impact trade routes and shipping costs. Traders will be particularly attentive to upcoming economic data releases from Iran, which may provide insights into the country's economic stability and the effectiveness of its policies in mitigating external pressures.

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