Pakistan asked the US and Iran to extend the truce for two more weeks, while Pakistani media sources say PM Sharif may announce a ceasefire extension on Tuesday, according to Al Arabiya

This development indicates a potential easing of tensions between the US and Iran, which could foster stability in the region. Given the ongoing energy concerns, especially with WTI prices, any extension of the truce may help alleviate supply fears and support crude prices, marking a significant moment for traders focused on commodities.