Iran’s Foreign Ministry spokesperson Baghaei says Iran has continuous contact with China "as one of our strategic partners"

Iran's reaffirmation of its strategic partnership with China suggests a continuation of cooperation that could impact energy markets, particularly WTI. This ongoing relationship may bolster Iran's position in negotiations and trade, potentially influencing supply dynamics and geopolitical tensions, especially for EU interests. Traders should monitor developments for shifts in energy prices or broader market reactions stemming from these ties.