Iran has stopped negotiating with the US and it told Pakistan that it will not continue cease fire talks, via NYT

Iran's cessation of negotiations with the US and its decision to halt ceasefire talks could heighten tensions in the region, likely impacting energy markets and oil prices.

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OPEC’s crude oil production plunged by the most in at least four decades in March from key members, according to a Bloomberg survey.

NY Fed Survey of Consumer Expectations (March.): 1yr inflation 3.4% (prev. 3.0% in Feb), 3yr 3.1% (prev. 3.00%), 5yr 3% (prev. 3%)

Iran has stopped negotiating with the US and it told Pakistan that it will not continue cease fire talks, via NYT

"Several explosions in the UAE", Fars reports

US Secretary of State Rubio suggests that there will be “more news" on Iran negotiations later

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With the backdrop of ongoing geopolitical uncertainty, this situation may lead to increased volatility in WTI and other commodities, as it raises concerns about supply disruptions and escalated conflict scenarios.

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