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Iran Lawmkaer Naboyan says despite the presence of the JCPOA members, there is no hope for a favorable agreement

The statement from Iran's lawmaker underscores a deteriorating outlook for negotiations surrounding the Joint Comprehensive Plan of Action (JCPOA).

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This lack of optimism could heighten tensions in the region, potentially impacting oil supply dynamics and pushing WTI prices higher as market participants react to the risk of further conflict or sanctions.

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