Iran's Supreme National Security Council confirms negotiations with the US will start Friday in Islamabad

Context

The confirmation of negotiations between Iran and the US is a noteworthy development that could lead to easing sanctions and improve market sentiment. Given the significance of Iran in global energy markets, these talks may positively influence oil prices, especially WTI, if they hint at potential agreements regarding oil exports. Traders should watch for reactions in energy-related assets amidst this geopolitical backdrop.

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