Iranian Ministry of Intelligence: Dismantling of two Mossad-affiliated cells in the provinces of West Azerbaijan, Kerman, and Alborz

The Iranian Ministry of Intelligence announced the dismantling of two cells affiliated with Mossad in the provinces of West Azerbaijan, Kerman, and Alborz. This development may impact geopolitical risk perceptions in the region, potentially influencing capital flows and risk appetite among investors. Markets most exposed include Iranian equities and bonds, as heightened tensions could lead to increased volatility and a reassessment of investment risks in Iran. Traders will likely focus on any subsequent government responses or escalations, particularly in light of upcoming regional diplomatic engagements or military exercises.

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