Iranian Foreign Minister held phone call with Saudi Arabia counterpart; discussed bilateral relations and regional developments; additional news will be announced later

The phone call between the Iranian and Saudi Foreign Ministers indicates potential thawing in relations, which could influence regional stability.

Newsquawk StaffPublished On the live feed at 3 more headlines followed before this page went public
Newsquawk headlinesUTC

CRUDE WRAP: WTI (K6) SETTLES USD 18.54 LOWER AT 94.31/BBL; BRENT (N6) SETTLES USD 14.52 LOWER AT 94.75/BBL

Hapag-Lloyd (HLAG GY) tells CNBC's Brian Sullivan that it still doesn't feel safe going through the Strait of Hormuz

Iranian Foreign Minister held phone call with Saudi Arabia counterpart; discussed bilateral relations and regional developments; additional news will be announced later

FOMC Minutes Review: Validates hawkish hold but shows debate over two-sided risks to rates in response to war

US and Iran aren't starting talks on the same page; still unclear whether negotiations set to start Saturday led by VP Vance will be based on the US 15-point plan or Iran's 10-point plan, via WSJ

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

If developments lead to cooperation, this could impact energy markets, particularly WTI crude prices, as improved relations generally ease supply-side tensions in the region. Keep an eye out for additional announcements that could signal further diplomatic progress or shifts in policy.

Related headlines

The whole workspace, free to try.

Try it free