Omani Foreign Minister to meet with US VP Vance in Washington today, sources say (details light)

The meeting between Oman's Foreign Minister and the U.S.

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[MARKET UPDATE] As US participants arrive, crude is extending on gains, and at fresh session highs, while spot gold jumps higher, currently sitting at c. USD 5,213/oz

Omani Foreign Minister to meet with US VP Vance in Washington today, sources say (details light)

German Inflation Rate MoM Prel (Feb) M/M 0.2% vs. Exp. 0.5% (Prev. 0.1%, Low. 0.3%, High. 0.6%)

German Inflation Rate YoY Prel (Feb) Y/Y 1.9% vs. Exp. 2% (Prev. 2.1%, Low. 2%, High. 2.3%); Core 2.5% (Prev. 2.5%)

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Context

Vice President highlights ongoing diplomatic engagement, which may signal efforts to strengthen ties or address specific regional issues. Given the current geopolitical climate, any outcomes could impact market sentiment, particularly in energy sectors or regional currencies related to Omani interests. Traders should monitor for subsequent announcements or implications that could affect oil prices or investment flows in the region.

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