Iran official Sheikh al-Kaabi told Al-Mayadeen: We have not given up on diplomacy and we have a long-term perspective in this area, but our hand is on the trigger
The statement from Sheikh al-Kaabi emphasizes Iran's willingness to engage in diplomacy while simultaneously maintaining a readiness for military action.
Ferarri (RACE IM) CEO says co. is not seeing strange or abnormal order cancellations
Kpler's Bakr notes that she is "hearing from vessel owners is that its still too risky to cross" the Strait of Hormuz
Iran official Sheikh al-Kaabi told Al-Mayadeen: We have not given up on diplomacy and we have a long-term perspective in this area, but our hand is on the trigger
Diamondback Energy (FANG) says it has not seen pressure on service price inflation; Global inventories declining 'very rapidly'
Mohammad Mokhber, advisor and assistant to the leader of the Islamic Republic, says the Strait of Hormuz has been closed and will not be reopened except by the will of the Islamic Republic
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This duality may heighten tensions in the region, potentially impacting oil prices as markets react to any perceived escalation or shift in Iran's approach to its nuclear negotiations. Traders should monitor WTI and broader energy market movements closely as geopolitical factors continue to play a significant role in price dynamics.
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