Pakistani Army Chief is heading to the US on Friday as part of mediation efforts between the US and Iran, Al Jazeera reports citing a Pakistani security source

The visit of the Pakistani Army Chief to the US for mediation between the US and Iran signals a potential thaw in tensions, which could influence regional stability. Given the context, this development may provide some pressure relief on energy prices, particularly WTI, if it suggests a more amicable diplomatic environment. Traders should watch for market reactions as any easing of geopolitical risks in the Middle East could lead to shifts in broader commodity demand and pricing.