Iraqi Airways resuming flights starting next Friday

The resumption of Iraqi Airways flights signifies a potential normalization in regional travel and relations, which could positively impact tourism and economic activities in Iraq.

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Evidence of UAE airstrikes on at least two locations in Iran after temporary ceasefire, Fars News reports; After the temporary agreement between Iran and US, several attacks have been reported in different parts of Iran

Iran's ports and maritime organisation designates alternative safe routes through the Strait of Hormuz due to the possibility of mines in some parts of the strait, SNN reports

Iraqi Airways resuming flights starting next Friday

US Energy Secretary Wright expects gasoline prices to drop within weeks

CRUDE WRAP: WTI (K6) SETTLES USD 18.54 LOWER AT 94.31/BBL; BRENT (N6) SETTLES USD 14.52 LOWER AT 94.75/BBL

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However, traders should monitor any accompanying geopolitical tensions or restrictions that may affect stability and market sentiment in the region.

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