[MARKET UPDATE] Crude complex (Brent +3.8%) edges towards session highs, without a clear catalyst; focus remains on a fragile US-Iran ceasefire

Brent crude prices are rallying, approaching session highs, but the lack of a clear catalyst suggests the movement may be influenced by underlying geopolitical tensions, particularly regarding the fragile US-Iran ceasefire. Market participants should consider how sustained volatility in this region could impact supply dynamics and broader oil pricing as this situation develops.