IAEA says it can confirm the recent impact of military strikes near Iran's Bushehr nuclear facility, but has not been damaged by these strikes

The IAEA's confirmation that military strikes near Iran's Bushehr nuclear facility did not cause damage highlights a potential de-escalation in hostilities, which could ease market tensions and support energy prices. However, the geopolitical risk remains elevated, as any further escalation could impact oil supply and influence WTI prices. Traders should monitor this situation closely as it unfolds for its potential implications on commodities and regional stability.