Iran's Foreign Minister Araqchi says no messages have been exchanged with the US and that Tehran has not asked for a ceasefire as the "war needs to end in a way that ensures it does not happen again"

Iran's Foreign Minister's statement highlights an ongoing tension, indicating that no diplomatic movements are underway with the US and no requests for a ceasefire have been made.

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Context

This implies increased geopolitical risk, particularly for energy markets like WTI, where escalations could affect supply dynamics and push prices higher if conflict persists.

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