The UK adds 12 new designations under the Iran sanctions regime

The UK's addition of 12 new designations under the Iran sanctions regime signals a firm stance on limiting Iran's access to international markets, which could disrupt energy supplies.

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The UK adds 12 new designations under the Iran sanctions regime

Iran Foreign Ministry Spokesperson says "our mediator is still Pakistan.. Other countries, including Qatar, also have contacts with both sides and share ideas and opinions they deem necessary with the Foreign Minister Araqchi"

CENTCOM forces have redirected 62 commercial ships and disabled four to ensure compliance

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This escalation is particularly relevant for crude oil prices, as it may tighten supply further, influencing market sentiment. Traders should monitor WTI and other energy commodities as potential volatility could arise from geopolitical reactions.

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