US President Trump said he could lift sanctions on Iran if its next leader proves pragmatic, according to New York Times

Trump's comments on potentially lifting sanctions on Iran introduce the possibility of a more favorable diplomatic landscape, depending on the next leader’s pragmatism. This could impact oil prices and related currencies if markets perceive a shift towards de-escalation of tensions, particularly affecting commodities like WTI and Brent. Investors may want to monitor market reactions across energy assets and associated currencies such as the USD and EUR.