Iran Foreign Ministry Spokesperson says we have not had any discussions about extending the ceasefire so far, via Fars News
- In recent days, Iran's entire focus has been on creating the necessary conditions for a complete end to the war, taking into account the rights of the Iranian people.
Context
The lack of discussions on extending the ceasefire from Iran suggests potential escalations in regional tensions, which could impact oil supply dynamics. This uncertainty may support higher crude prices as markets price in risk, particularly for WTI and broader commodities amid ongoing geopolitical concerns.
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