Hearing the sound of two explosions following a bombing of a site in Bushehr, Iran; intense shelling on Natanz; Shelling of Haqani Pier; Several explosions heard in Qazvin and Isfahan, Al Hadath reports
The reported explosions and shelling in key Iranian locations suggest a significant escalation in regional tensions, particularly given the alleged targeting of IRGC missile sites.
US firm acquires huge Congolese cobalt miner, WSJ reports; Virtus Minerals buys one of the few major cobalt producers not already under Chinese control
CRUDE WRAP: WTI (K6) SETTLES USD 1.50 LOWER AT 101.38/BBL; BRENT (N6) SETTLES USD 3.42 LOWER AT 103.97
Hearing the sound of two explosions following a bombing of a site in Bushehr, Iran; intense shelling on Natanz; Shelling of Haqani Pier; Several explosions heard in Qazvin and Isfahan, Al Hadath reports
Syrian President on the Iran conflict says that unless Syria is targeted by any parties, Syria will remain outside any conflict
US President Trump says negotiations with Iran are going well; Asked specifically about the Pakistani-Chinese initiative, Trump didn't criticize it but simply reiterated that the diplomacy was going well
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- News of the killing of Mohammad Sadeghi, the official of the “missile sites” of the IRGC.
This heightened volatility could impact energy markets, especially oil prices, as traders assess the potential for supply disruptions or geopolitical fallout, making this a crucial development to monitor in relation to WTI futures.
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