Iran denies claim of attack on Chinese tanker in Strait of Hormuz, ISNA reports

Iran's denial of an attack on a Chinese tanker in the Strait of Hormuz is noteworthy, as it may reduce tensions that could affect global oil supplies. Analysts will watch for immediate market reactions in energy prices, particularly WTI, as any escalation in this region can lead to heightened volatility. This development underscores the fragility of geopolitical stability in critical shipping lanes, potentially impacting risk sentiment for commodities and related assets.