Iran is expected to provide its reply to mediators on Thursday, CNN reports citing a regional source

Iran's expected reply to mediators could signal a critical shift in geopolitical tensions surrounding its nuclear program and its impact on global oil supply.

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The US and China are considering launching official discussions on AI when US President Trump visits China next week, WSJ reports citing sources

[CALENDAR ADDITION] US President Trump to meet with Brazilian President Lula at 11:00EDT/16:00BST on Thursday

Iran is expected to provide its reply to mediators on Thursday, CNN reports citing a regional source

BoJ Minutes from the March 18th-19th meeting stated that many members shared the view that it was appropriate to maintain the policy rate at 0.75%

Japanese Monetary Base YoY Y/Y -11.3% vs. Exp. -10.5% (Prev. -11.6%)

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Any positive developments might ease market fears and stabilize WTI prices, while a negative response could heighten tensions and disrupt energy markets further. Keep an eye on how this unfolds, as it may influence risk sentiment across commodities and FX markets as well.

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