An Iranian lawmaker has warned Washington that the current conflict between the United States and Iran could lead to severe and unpredictable consequences if it expands beyond the Middle East. The statement comes as the US-Iran war continues with direct military engagements and heightened tensions in the region. Negotiations between both countries remain stalled despite a fragile ceasefire, while the Strait of Hormuz remains a central strategic point of military and diplomatic pressure. Market participants are interpreting this warning as a sign of escalation, with current odds reflecting a reduced likelihood of a US-Iran deal in 2026.
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