Pakistani sources told Al Arabiya that negotiations between the US and Iran are continuing despite the current stalemate. The decision to participate inside Iran has not yet been finalized.

Ongoing negotiations between the US and Iran, despite a stalemate, suggest a potential thaw in relations that could impact oil supply dynamics.

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Independent Journalist Guy Elster suggests triggering of air defences in Tehran was probably a drill

There is no changes in the ceasefire status with Iran, reports Al Jazeera citing US defense official

Pakistani sources told Al Arabiya that negotiations between the US and Iran are continuing despite the current stalemate. The decision to participate inside Iran has not yet been finalized.

Journalist Mohammad Ghaderi on X says Israel Channel 12 news that Ghalibaf has resigned from negotiating team is completely false, via X

There are currently no indications that this is the work of Israel or US in response to air defences being triggered in Tehran, says Kan News journalist

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Context

If negotiations progress, it could ease sanctions on Iranian oil, putting downward pressure on WTI prices and altering energy market sentiment significantly. Traders should keep an eye on how this develops, as any breakthrough may influence commodity valuations and broader market risk sentiment.

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