IAEA chief Grossi says more than 200kg of Iran's uranium enriched to 60% purity was stored at Isfahan, with initial assessment indicating the material remains in place

The IAEA chief's remarks on Iran's uranium stockpile and the condition of the Isfahan site suggest stability in the region's nuclear activities, which may ease immediate geopolitical tensions. While concerns around nuclear proliferation remain, the absence of expected attacks on key facilities supports a relatively calm market environment, which could positively influence energy prices like WTI, especially if clarity persists. However, any future developments could change the sentiment quickly.