"Despite the publication of news on some channels about "Iran's official agreement with the extension of the ceasefire", no official position has been announced by Iran in this regard", Tasnim reports

Context

The lack of an official confirmation from Iran regarding a ceasefire extension suggests ongoing uncertainty in the region, which could hinder energy market stability. As tensions remain unresolved, we may see continued volatility in crude oil prices, particularly in WTI, as traders speculate on supply disruptions or geopolitical developments. It's important to monitor how this narrative evolves, as it could provoke movements in commodities and related FX.

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