Pakistan Defense Minister said the prospect of resuming negotiations between the US and Iran still exists, and a new round of talks will begin soon, via CCTV

The statement from Pakistan's Defense Minister about the potential resumption of negotiations between the US and Iran suggests a possible thaw in tensions that could impact oil supply dynamics. If these talks lead to any agreements, they could stabilize or even enhance Iranian oil exports, affecting WTI prices and broader market sentiment. Traders should watch for shifts in oil supply expectations and potential movements in energy-related assets as the situation develops.