US President Trump says Iranian leadership has forced hundreds of ships towards the US, mostly Texas, Louisiana and Alaska, to get their oil

President Trump's comments about Iranian leadership allegedly directing ships towards the U.S.

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Iranian Foreign Minister tells Pakistani Foreign Minister that US continued violations of ceasefire are a major obstacle on continuation of diplomatic process; will take all aspects of the matter into account and will decide on how to proceed

CRUDE WRAP: WTI (M6) SETTLES USD 5.76 HIGHER AT 89.61/BBL; BRENT (M6) SETTLES USD 5.10 HIGHER AT 95.48/BBL

US President Trump says Iranian leadership has forced hundreds of ships towards the US, mostly Texas, Louisiana and Alaska, to get their oil

Tehran has made its participation in new talks with Washington in Islamabad conditional on lifting the US naval blockade, via Mehr News

Iran power is reportedly in dispute and the IRGC is not backing down, according to CNBC TV citing sources

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for oil could heighten geopolitical tensions, impacting energy prices and risk sentiment. This situation may lead to fluctuations in commodities like crude oil and gold, as well as influencing currency valuations in the Forex market, particularly for the USD against major pairs. Watch for market reactions that could reflect increased uncertainty or safe-haven buying as events unfold.

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