Senior Iran source says Tehran demands a guaranteed ceasefire to end war permanently and no talks have taken place via mediators for a temporary ceasefire, while intermediaries contacted Iran on Tuesday and discussions were about continuing diplomacy

Iran's firm demand for a guaranteed ceasefire to end the war suggests a significant escalation in their diplomatic stance, indicating that the current situation remains volatile.

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This could impact energy markets, especially WTI, as uncertainties surrounding Middle Eastern stability often lead to price fluctuations. The absence of mediator talks for a temporary ceasefire highlights the potential for continued conflict, which may drive further volatility across commodities if tensions mount.

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