Iran's foreign minister says now there is calm, we are in full control, Fox News reports
Newsquawk Staff ·
Iran's foreign minister says now there is calm, we are in full control, Fox News reports.
What it means
The statement from Iran's foreign minister about calm and full control suggests a de-escalation of tensions, which could stabilize regional energy supplies. This could lead to a moderation in oil prices, particularly WTI, as markets react to the reduced risk of disruption. However, it's important to observe the broader context, as geopolitical dynamics can quickly shift and may influence risk sentiment in various asset classes.
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