Pakistan media sources note expectations US and Iran will reach an agreement by Wednesday, according to Al Arabiya

The reported expectation of a US-Iran agreement by Wednesday could signal a de-escalation in tensions, which may have significant implications for energy markets, particularly WTI crude oil prices. If materialized, this agreement could ease supply concerns, potentially putting downward pressure on prices while impacting broader market sentiment towards risk assets. Keep an eye on how this plays out, as geopolitical developments can rapidly influence trading dynamics.