Uncertainty usually sends the price of Oil and Gold upward, but the Iran situation looks like a lot of posturing right now to me. Hopefully the game of chicken will have a peaceful resolution. I’m encouraged that the UN is taking an active role in the process so far.
As for North Korea, the US has wisely let China take a leading role in handling them. My personal theory is that North Korea decided to abandon their weapons program after finding out that it’s difficult and expensive to build nukes.