Senior Iranian Official says US requested a meeting with Iran's parliament speaker Ghalibaf on Saturday; Tehran is yet to respond; supreme national security council has not yet been reviewed

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[MARKET UPDATE] Stocks pare some of the recent gains while oil bounces amid more punchy Iranian official commentary which continue to suggest no talks have been held with the US

Iran Parliament Speaker Ghalibaf, on X, says Iranian people demand complete and remorseful punishment of the aggressors. All Irainan officials stand firmly behind their supreme leader and people until this goal is achieved.

Senior Iranian Official says US requested a meeting with Iran's parliament speaker Ghalibaf on Saturday; Tehran is yet to respond; supreme national security council has not yet been reviewed

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Context

The reported meeting request between the US and Iran's parliament speaker indicates potential diplomatic engagement, which could lead to shifts in geopolitical tensions in the region. The lack of an immediate response from Tehran may signal a strategic consideration, and depending on the outcome, this could have implications on energy markets, especially for WTI prices as investor sentiment evaluates the likelihood of sanctions relief or escalated conflict.

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