Israeli and Lebanese ambassadors were scheduled to speak by phone on Friday in the presence of US officials, NYT reports, citing sources

The scheduled phone call between Israeli and Lebanese ambassadors, facilitated by US officials, signifies a potential step towards diplomatic dialogue amidst ongoing tensions.

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US state department says US urges Beijing to cease military, diplomatic and economic pressure against Taiwan; Meaningful exchanges should focus on dialogue between Beijing and Taiwan's democratically elected authorities without precondition

CRUDE WRAP: WTI (M6) SETTLES USD 0.35 LOWER AT 89.58/BBL; BRENT (M6) SETTLES USD 0.72 LOWER AT USD 95.20/BBL

Israeli and Lebanese ambassadors were scheduled to speak by phone on Friday in the presence of US officials, NYT reports, citing sources

WSJ's Norman says "There is no way Iran and the US are going to resolve the issues around Hormuz, nuclear, missiles etc in the next 2 weeks. But it doesn't need to happen. What needs to happen is enough to trigger mutually agreed extension of talks"

The army is preparing for the possibility of the collapse of talks between Washington and Tehran and the resumption of attacks, according to Al Jazeera citing Israeli Broadcasting Authority

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Such developments could impact risk sentiment across various assets, particularly in commodities, as investors gauge their implications for energy prices and geopolitical stability in the region.

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