Iraqi resistance warned US about any escalation of the war with Iran and said the Bab al-Mandab Strait and Aqaba port are within reach of Islamic Resistance fighters

This warning from Iraqi resistance groups signals an increasing readiness to engage if tensions escalate with Iran. The mention of the Bab al-Mandab Strait and Aqaba port indicates potential disruptions to critical shipping routes, which could impact oil prices and supply. Traders should be cautious of heightened volatility in energy markets, particularly WTI, as geopolitical tensions often lead to speculative positioning and risk aversion.