Two regional officials tell the AP that US and Iran signal they’ll attend a new round of ceasefire talks in Islamabad

The indication that the US and Iran are open to attending ceasefire talks may suggest a potential de-escalation in tensions which could stabilize oil markets. Given the current geopolitical climate, any progress in talks could impact energy prices, particularly WTI, as investors reassess risk and supply dynamics. However, the durability of such arrangements usually hinges on the outcomes of these discussions rather than initial commitments.