Senior Iranian official says Iran is ready both for peace and war, Reuters reports

This statement reflects a dual approach from Iran amid rising tensions, indicating both a willingness to de-escalate conflicts and to prepare for potential military engagement. Such rhetoric is significant as it could impact oil prices, with WTI potentially reacting to fears of disruptions in supply if tensions escalate. Traders should monitor related assets, particularly commodities and safe-havens, as the market digests this nuanced stance from Iran.