US delegation led by Special Envoy Witkoff leaves for Geneva for talks with Iran
This signals a potential escalation or de-escalation in U.S.-Iran relations, which could impact energy markets.
[MARKET UPDATE] Asia-Pac stocks begin mixed amid the extremely-thinned conditions due to the Lunar New Year holiday and following the US market closure on Monday
US President Trump says he will be involved in the Iran talks indirectly and that Iran wants to make a deal
US delegation led by Special Envoy Witkoff leaves for Geneva for talks with Iran
Palestinian media reports Israeli army conducts bombing operations in deployment areas within Beit Lahiyah and the Northern Gaza Strip, according to Al Qahera
US President Trump posts "Heading to D.C. Will give an Air Force One Press Conference, shortly. Marco was fantastic in Munich! AOC and Newscum were an embarrassment to our Nation. For one thing they shouldn’t be talking badly about the U.S.A."
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If discussions yield positive developments, it may temper upward pressure on oil prices, particularly WTI, while increased tensions could enhance risk premiums in energy commodities. Watch for follow-up reactions in oil markets and haven assets based on the outcomes of these talks.
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