Iranian Spokesman for the National Security Committee says there is no clear horizon for a political agreement with the US, Al Mayadeen reports

This development underscores escalating tensions between Iran and the US, suggesting that a political agreement remains elusive. The assertion about fuel movement in the Strait of Hormuz highlights Iran's strategic leverage over global oil supplies, which could influence energy markets and geopolitical risk sentiment significantly. Traders should be vigilant as this situation has implications for oil prices and associated currencies, particularly in the context of existing supply concerns.