IRAN'S REZAEI: WAR MUST END FOR GOOD, WITH NO FUTURE ATTACKS ON IRAN

Iran's Rezaei stated that the war must end permanently, with no future attacks on Iran, according to the headline. The statement signals a political demand for a durable ceasefire or settlement rather than a temporary pause, which bears on the geopolitical risk premium that has been priced into oil, safe-haven currencies and gold. If markets interpret the remarks as a step toward de-escalation, the transmission runs through lower risk aversion and reduced supply-disruption fears, pressuring crude benchmarks and defense-sector equities while modestly supporting regional currencies and risk assets. The assets most sensitive are Brent and WTI crude, given their direct exposure to Gulf shipping routes, followed by gold and the Swiss franc and yen as traditional safe havens, where unwinding of war premia would weigh on prices. Traders should watch for official responses from Washington and Tel Aviv and any concrete ceasefire terms, as well as weekly EIA crude inventory data and tanker-traffic reports through the Strait of Hormuz for confirmation of whether the rhetoric translates into physical supply normalization.

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