The US is considering releasing USD 6bln in frozen Iranian assets as part of a first phase in a potential deal to end the war with Iran if certain conditions are met, via NY Post citing sources, with the potential to release up to USD 20bln

The potential release of USD 6 billion in frozen Iranian assets could signal a thaw in US-Iran relations and reduce geopolitical tensions in the region. This move might influence oil prices and strengthen the USD against other currencies, as the market assesses the implications for supply stability and broader diplomatic negotiations. Keep an eye on commodities like WTI and gold, as they can react strongly to shifts in geopolitical risk.