Iran’s ambassador to India says Tehran is ready to negotiate with the US, provided Washington refrains from “illegal demands"

Iran's ambassador indicating a willingness to negotiate with the US is a notable development, especially if it signifies potential easing of tensions. This could impact energy markets due to Iran’s significance in oil supply, particularly WTI pricing, and could be a catalyst for shifting geopolitical dynamics in the region. Watching how this evolves and any immediate market reactions will be crucial, especially for energy traders.