Iran President Pezeshkian says Iran is not seeking to expand the scope of tension and war in the region, via Iraq State News Agency

Iran's President Pezeshkian emphasizing a desire to avoid escalating regional tensions signals a potential easing of geopolitical risks, particularly for oil markets. This could stabilize WTI prices if concerns about conflict decrease, making it a crucial point for traders focused on energy commodities. Watch how this sentiment influences risk appetite and possible shifts in oil supply dynamics.