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Iran's Foreign Minister says he hasn't been in contact with US Envoy Witkoff recently, adding that there hasn't been any negotiation requests

Newsquawk Staff ·

Iran's Foreign Minister says he hasn't been in contact with US Envoy Witkoff recently, adding that there hasn't been any negotiation requests.

What it means

The statement from Iran's Foreign Minister indicates no recent communication with the US Envoy, which may signal a stagnation in diplomatic relations. This could lead to market implications, particularly for energy prices like WTI, as unresolved tensions may sustain uncertainty around supply dynamics and geopolitical risk. Traders should consider how this news affects sentiment around oil and broader commodity markets.

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