Senior Emirati officials says need guarantees from Iran on its nuclear and missile programmes to ensure it does not become a threat to the region

The comments from senior Emirati officials underscore heightened regional tensions regarding Iran's nuclear and missile programs. This call for guarantees points to concerns about security in the Gulf, which could impact energy prices, particularly oil, as markets react to potential threats to stability. Keep an eye on WTI and related commodities as they may see volatility based on geopolitical risk sentiment.