GCC's Security General says the GCC seeks normal relations with Iran

The GCC's indication of seeking normal relations with Iran suggests a potential easing of tensions, which could impact energy markets.

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GCC's Security General says the GCC seeks normal relations with Iran

[MARKET UPDATE] Pressure seen in the crude complex, DXY & upside in US equities after a report suggests Iran is drafting a protocal with Oman for Strait of Hormuz traffic

Iran reportedly aims to respond to the Karaj Bridge attack by targeting key strategic stations, such as the Port of Haifa, via Fars

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This rapprochement, if realized, may influence oil prices, especially WTI, due to the implications for supply stability and regional geopolitical dynamics. Traders should monitor how this affects broader commodity sentiment and any shifts in energy policies.

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