US House and Senate Democrats to hold Iran war powers votes this week, with Senate vote scheduled for tomorrow and House vote planned for Thursday, via Politico citing sources

The upcoming votes on Iran war powers by the US House and Senate could signal potential changes in US military engagement in the region, which may affect oil supply concerns.

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Iran Foreign Ministry advisor, Ali Safri, states that Iran's current focus is on ending the war, via Al Jazeeera

US FCC's Wireless Telecommunications Bureau and Space Bureau approved Echostar's sale of ~65 megahertz of spectrum to SpaceX; also approved the sale of an additional 50MHZ to AT&T (T)

US House and Senate Democrats to hold Iran war powers votes this week, with Senate vote scheduled for tomorrow and House vote planned for Thursday, via Politico citing sources

CRUDE WRAP: WTI (M6) SETTLES USD 4.11 HIGHER AT USD 102.18/BBL; BRENT (N6) SETTLES 3.56 HIGHER AT USD 107.77/BBL

UK Energy Secretary Miliband prepared to run for leadership if Streeting triggers contest, The Times reports

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Given the sensitivity of energy markets to geopolitical tensions, any escalation could lead to increased volatility in WTI prices. Traders should watch for market reactions, particularly in commodities, as these developments unfold.

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