Five friendly countries leaders' and eight intelligence agencies have reached out to Iran seeking to open a path for a ceasefire, Fars News reports

The outreach from leaders of five friendly countries and eight intelligence agencies to Iran is a significant development in the ongoing conflict, suggesting a potential de-escalation. If successful, this could stabilize energy markets, particularly affecting oil prices like WTI, as easing tensions often leads to reduced risk premiums in commodities. Traders should monitor this closely for further updates which could shift sentiment in both oil and broader risk assets.