Iranian Foreign Ministry spokesperson says there is no doubt the US is after Iranian oil resources and aims to weaken and break up the country, SNN reports
- When asked about a possible ceasefire, says as long as attacks continue, there is no point in talking about anything but defence and retaliation against enemies.
Context
This statement from the Iranian Foreign Ministry highlights escalating tensions regarding U.S. intentions toward Iran's oil resources, suggesting a strong narrative of retaliation. Such rhetoric could heighten geopolitical risks in the oil markets, potentially impacting WTI prices and drawing attention to broader supply concerns. Traders should watch for market reactions, particularly in energy futures and safe-haven assets as the situation develops.
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