Iran’s highly enriched uranium is still buried at sites attacked in June, according to IAEA Chief Grossi

Iran’s highly enriched uranium is still buried at sites attacked in June, according to IAEA Chief Grossi.

This news highlights ongoing concerns regarding Iran’s nuclear program, particularly with highly enriched uranium remaining at targeted sites, which could raise tensions further. The implications are significant for energy markets, particularly oil, given the potential for renewed sanctions or conflict that could disrupt supply. Traders should be cautious, as increased geopolitical risk typically supports higher commodity prices, especially WTI, in the near term.