Iran has closed all diplomatic and indirect channels of communication with the US, Tehran Times reports; Any and all message exchanges have also been suspended

The closure of all diplomatic communication channels between Iran and the US marks a significant escalation in tensions, likely impacting energy markets, particularly oil.

Newsquawk StaffPublished 7 Apr 2026, 13:46 UTCOn the live feed at 13:26 UTC — 3 more headlines followed before this page went public

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Iraq Ministry of Oil says it is launching the “Accelerated Project” to enhance the processing and pumping of gas through pipelines

13:32

Russia's Norsi oil refinery has suspended oil processing since April 5th after drone attack, Reuters reports; could be suspended until the end of April

13:26

Iran has closed all diplomatic and indirect channels of communication with the US, Tehran Times reports; Any and all message exchanges have also been suspended

13:13

Senior Iranian source says Pakistan continues to convey messages, but US has not changed its tone, Reuters reports; if the situation gets out of control, Iran's allies will close Bab El-Mandeb waterway

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Context

Without any indirect channels for negotiation, the risk of further sanctions or military conflict increases, potentially supporting WTI prices in the near term as supply concerns heighten. Markets may react to this development by seeking safe-haven assets and reassessing global supply dynamics, especially in light of ongoing geopolitical risks.

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