"Perhaps another of the Confidence Building Measures (CBM) between US and Iran is in the play", Pakistani Journalist Mallick posts
Newsquawk Staff ·
"Perhaps another of the Confidence Building Measures (CBM) between US and Iran is in the play", Pakistani Journalist Mallick posts.
What it means
The possible introduction of further confidence-building measures between the US and Iran could signal a shift in diplomatic relations, which may impact oil supply dynamics. Traders should watch for potential movements in WTI prices and related energy stocks as this development could affect market sentiment around geopolitical risk and supply stability.
- Week in Focus 26-30th October 2026: FOMC, BoC, RBNZ, ECB, BoJ Policy Decisions, US PCE
- US Midterm Preview: Democrats Favoured to Flip the House, Senate Too Close to Call
- US President Trump says we’re close to ending, I hope, the Russia-Ukraine war
- White House says President Trump has further modified Canadian products subject to tariffs under Section 338; tariff changes will take effect on 30th October 2026
- US President Trump, on Iran, says we may do another operation against Iran; doubts Iran will say ‘let’s get down to business’
Related headlines
- Iran’s IRGC says two tankers struck naval mines while trying to use an unauthorised route south of the Strait of Hormuz, Tasnim reports5 hours ago
- Foreign Ministers of Egypt, Saudi Arabia, Turkey and Pakistan say ‘Israeli occupation is the main source of instability in the region and beyond’, according to a statement5 hours ago
- CRUDE WRAP: WTI (Z6) SETTLES USD 3.80 HIGHER AT USD 103.27/BBL; BRENT (Z6) SETTLES USD 3.55 HIGHER AT USD 116.72/BBL5 hours ago
- Citi says it remains neutral on copper until more energy-market and tariff clarity emerges; views any associated risk-off episodes as good long-term buying opportunities6 hours ago
- Iran and Russia to hold talks in Moscow next week, Mehr reports6 hours ago
- US Ambassador to Turkey Tom Barrack says US could strike Iran as soon as this weekend, AFP reports citing an interview on Israeli radio7 hours ago
- Iran has developed plans to target undersea communications cables in the Gulf if the US and Israel launch further attacks, according to two officials speaking to Reuters7 hours ago
- Russia's Kremlin says Russian and Ukrainian militaries are working to determine dates for ceasefire talks9 hours ago
- US President Trump says "we could end the Iran war very quickly", adds "do we want to finish it or let it within is the question"9 hours ago
- US President Trump is set to speak with UK PM Burnham this afternoon on the Russia-Ukraine situation, BBG reports9 hours ago
- Turkish FM says nobody approves another attack on iran, diplomacy is the only way, following a meeting with European counterparts9 hours ago
- Senior Ukrainian Official says that a ceasefire in Russian-occupied Oleshky is to be established soon9 hours ago
- Newsquawk Weekly Economic Release 26th - 30th October 2026 10 hours ago
- Newsquawk European Market Wrap - 23rd October 202610 hours ago
- US EQUITY OPEN: Breadth poor at the open: Energy leads gains on oil rally, Tech sees slight bounce10 hours ago