Iran ambassador to India says have good contact with Indian Government on passage of Indian ships and want to help India

The statement from the Iranian ambassador indicates a strengthening of ties with India, particularly in energy trade, suggesting Iran's readiness to supply oil may influence global supply dynamics.

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  • Iran has oil and ready to sell to any country that wants it.
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This could affect commodities markets, especially WTI prices, as increased Iranian oil could shift supply balances and impact geopolitical risk perceptions around oil sourcing.

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