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Former Iran Supreme Leader Khamenei's funeral ceremony has been postponed; new schedule will be announced later, reports suggest

The postponement of Khamenei's funeral could indicate underlying instability in Iran, potentially affecting regional dynamics and energy markets.

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Libya's NOC says LNG carrier Artic Metagaz that caught fire off Libyan Coast was en-route from Russia's Murmansk to Egypt's port

India's Mangalore Refinery & Petrochemicals informed customers it will be suspending oil product exports, Bloomberg reports citing sources; amid the Middle East conflict

Former Iran Supreme Leader Khamenei's funeral ceremony has been postponed; new schedule will be announced later, reports suggest

Iraq's Foreign Ministry tells Russian Foreign Minister Lavrov that they are experiencing increasing difficulty when it comes to the export of oil

Germany sells EUR 0.96bln vs exp. EUR 1.0bln 2.30% 2033 Green Bund: b/c 1.76x (prev. 3.57x), average yield 2.53% (prev. 2.39%), retention 4.0% (prev. 15.6%)

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If this leads to increased uncertainty, we might see volatility in oil prices, especially in WTI, as geopolitical risks often translate into supply concerns. Traders should closely monitor developments for potential impacts on risk sentiment and commodity flows.

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