Informed Iran military official says Iran had no pre-designed plan to attack Fujairah oil facilities, and what happened was the product of the American army's adventure to create a illegal passage of ships through the forbidden passages of the Strait

Context

This statement from an Iranian military official suggests a potential de-escalation in tensions surrounding the Fujairah oil facilities, indicating no premeditated attack. If the narrative shifts to blame the U.S. for heightened tensions, we may see reduced market fears, which could stabilize oil prices and positively impact risk sentiment, particularly for energy equities and WTI futures.

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