Iranian Parliamentary spokesperson says "One of Iran's options in the event of another attack could be 90 percent enrichment. We will review it in the parliament."

Iranian Parliamentary spokesperson says "One of Iran's options in the event of another attack could be 90 percent enrichment. We will review it in the parliament."

The Iranian Parliamentary spokesperson's statement on potentially pursuing 90% uranium enrichment sets a concerning precedent in the nuclear landscape, heightening geopolitical tensions. This could lead to increased instability in oil markets, as any escalation is likely to impact supply dynamics and elevate prices. Traders should monitor the market's response, especially with respect to crude futures and broader commodity sentiment.