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In a post published on X on Friday, Iran’s top negotiator Mohammad Baqer Qalibaf said they have no trust in guarantees or words, and added: “Only actions are the measures, no action will be taken before the other side acts.”

“The winner of any agreement is the one who prepares better for war from the day after,” Qalibaf noted and explained that they “seize concessions not through dialogue, but with missiles.”

Market reaction

Markets cling to a cautious stance in the early American session on Friday. At the time of press, the US Dollar Index (DXY) was unchanged on the day near 99.00.

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