EU’s Costa says it is too early to talk about relieving any kind of Iran sanctions
The comments from EU's Costa indicate a cautious approach towards relaxing Iran sanctions, which could signal ongoing geopolitical tensions.
US Attorney Pirro has confirmed the dropping of the criminal probe into Fed Chair Powell into Fed building costs
US Treasury Secretary Bessent says discussions with countries, including our Gulf and Asian allies, about US dollar swap lines are part of ongoing, routine conversations
EU’s Costa says it is too early to talk about relieving any kind of Iran sanctions
Former Pakistani Minister of Information and Senator Mushahid Hussain Sayed to Al-Mayadeen says the ball is now in the Americans’ court and they must make a decision
US DoJ is expected to drop the criminal investigation into Fed Chair Powell, ABC reports citing sources; potentially as soon as Friday
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This stance may sustain current volatility in energy markets, particularly oil prices, as it implies that further supply from Iran remains constrained. Traders should consider the potential impact on WTI and other commodities in light of the prevailing sentiment around sanctions and Middle Eastern geopolitics.
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