Iranian Foreign Ministry spokesperson says Iran insists on ending the war and reopening the Strait of Hormuz before any nuclear negotiations, ISNA reports

This statement from Iran underscores their position that any nuclear negotiations are contingent upon addressing the ongoing conflict and ensuring access through the Strait of Hormuz. This could lead to heightened tensions in the region, potentially impacting oil supply chains and WTI prices, as the Strait is a critical route for global oil shipments. Traders should monitor how this stance influences energy markets and geopolitical developments moving forward.