Pakistani PM Sharif says the US-Iran ceasefire is in place and are trying to resolve issues between the US and Iran
Context
The affirmation of a US-Iran ceasefire suggests a potential easing of tensions in the region, which could influence oil prices, particularly WTI, given Iran's significant role in energy markets. If sustained, this development may provide a more stable environment for commodities and alleviate some inflationary pressures, impacting broader market sentiment during both the EU and US sessions.
Trade the TapeGet this analysis live, the moment it breaksNewsquawk's real-time dashboard delivers market-moving headlines and instant context to your desk before the rest of the market reacts.
Open Dashboard#GEOPOLITICAL#ENERGY#EU SESSION#US SESSION#WTI#COMMODITIES