Explosions heard in Iran's Tabriz, according to an Iranian journalist on Telegram

Context

The reports of explosions in Iran's Tabriz could heighten geopolitical tensions in the region, potentially impacting oil supply and prices. Given the sensitive nature of Iran's role in global energy markets, market participants might react cautiously, particularly with WTI as the most directly affected commodity. This development could lead to volatility in energy prices, depending on the scale and implications of the situation.

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