Iran's Foreign Minister and US Special Envoy Witkoff discussed a potential meeting soon, via Axios; potentially holding a meeting in the coming days
This potential meeting between Iran's Foreign Minister and the US Special Envoy signals a possible de-escalation in tensions, which could impact energy markets, particularly WTI.
Greenland Government says NATO Member states and the US have a common interest in the defence of Greenland; the coalition believes that Greenland will forever be part of the Western Defence Alliance
US Supreme Court has dismissed a move by Hertz (HTZ) to avoid paying over USD 320mln to bondholders, Bloomberg reports
Iran's Foreign Minister and US Special Envoy Witkoff discussed a potential meeting soon, via Axios; potentially holding a meeting in the coming days
BP (BP/ LN) interim CEO says the co. needs to keep focus on cost cutting, according to reports
French Finance Ministry says there has been no contact with Eli Lilly (LLY) on Abivax, according to Bloomberg
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- Outreach by Iran seemingly efforts to deescalate with the US, or perhaps buy some time, adds the piece.
If successful, this outreach could lead to more stable oil prices in the near term, but traders should remain cautious about the intrinsic volatility surrounding geopolitical developments.
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