Iranian Supreme leader Khamenei's advisor says that Iranian negotiators have no authority to discuss missiles

• Tehran's missile capabilities are the red line.

This statement reinforces Iran's hardline stance on its missile program, signaling that these capabilities are off the negotiation table. It suggests potential complications in diplomatic talks, especially regarding sanctions and nuclear agreements, which could impact energy markets and geopolitical risk perceptions tied to oil prices. Traders should monitor reactions in the WTI market as tensions could lead to volatility in oil prices depending on how the situation evolves.