[MARKET UPDATE] Stocks pare some of the recent gains while oil bounces amid more punchy Iranian official commentary which continue to suggest no talks have been held with the US

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IRGC says they launched a new attack on targets on Israel and US base in the region, according to reports

Newsquawk Daily Economic Releases - 24th March 2026

[MARKET UPDATE] Stocks pare some of the recent gains while oil bounces amid more punchy Iranian official commentary which continue to suggest no talks have been held with the US

Iran Parliament Speaker Ghalibaf, on X, says Iranian people demand complete and remorseful punishment of the aggressors. All Irainan officials stand firmly behind their supreme leader and people until this goal is achieved.

Senior Iranian Official says US requested a meeting with Iran's parliament speaker Ghalibaf on Saturday; Tehran is yet to respond; supreme national security council has not yet been reviewed

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  • Earlier reports suggested that the US is holding talks with Iranian parliament speaker Mohammad Bagher Ghalibaf, via Amichai Stein on X. However, Ghalibaf recently dismissed this on X. 

Context

The recent commentary from the Iranian parliament speaker dismissing reports of talks with the US suggests heightened geopolitical tension, which has led to mixed market reactions—stocks are losing some recent gains while oil prices are rebounding. This complex dynamic implies that unresolved diplomatic issues may influence market sentiment and commodity prices, especially in energy-sensitive sectors.

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