Sources close to Iran's supreme national security council have emphasized that no negotiations with the US are going to take place, via Fars

This statement from Iran's security council sources signals a firm stance against potential negotiations with the US, likely heightening tensions in the region. It could prompt volatility in energy markets, particularly in crude oil, as perceived supply risks rise, affecting West Texas Intermediate (WTI) prices. Traders should watch for market reactions in oil as the situation develops, given its potential implications for supply stability and geopolitical risk premiums.