Iran's Spokesperson of the Parliament's National Security Commission says Iran does not seek to keep the Strait of Hormuz permanently closed, Tasnim reports
Context
This statement from Iran's National Security Commission suggests a cooling of tensions regarding the Strait of Hormuz, which is crucial for oil transit. While this implies that the risk of a prolonged closure is reduced, traders should watch for the impact on oil prices, particularly WTI, as well as potential reactions in energy markets and risk sentiment overall.
Trade the TapeGet this analysis live, the moment it breaksNewsquawk's real-time dashboard delivers market-moving headlines and instant context to your desk before the rest of the market reacts.
Open Dashboard#GEOPOLITICAL#ENERGY#EU SESSION#US SESSION#WTI#COMMODITIES