Headlines

The X account which flagged the initial explosions in Tehran says they have deleted the post "as the source appears to be a bit flimsy, though reporting on any potential action is going to be difficult due to the ongoing internet blackout across Iran"

Newsquawk Staff ·

The X account which flagged the initial explosions in Tehran says they have deleted the post "as the source appears to be a bit flimsy, though reporting on any potential action is going to be difficult due to the ongoing internet blackout across Iran"

What it means

The deletion of the post regarding explosions in Tehran indicates uncertainty about the reliability of the reports, which could lead to a temporary easing of tensions in the market. However, the ongoing internet blackout complicates the ability to verify information, suggesting that further developments could still impact sentiment and potentially lead to volatility in oil prices, particularly WTI, as traders remain cautious. Keep an eye on the evolving situation, as it may shift risk perceptions across commodities.

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