US President Trump says it is too soon to talk about seizing Iran's oil but does not rule it out, according to NBC
President Trump's comments about the potential for seizing Iranian oil, while stating it's too soon to consider, reintroduce geopolitical risk into the energy market.
Turkey Foreign Ministry reportedly summons Iranian ambassador over missile fired in Turkey, according to reports
Freeport LNG said to be back to full production after an outage on Sunday, via LSEG Data
US President Trump says it is too soon to talk about seizing Iran's oil but does not rule it out, according to NBC
Iran Foreign Minister Araghchi says Iran has many surprises in store to respond to US plots
NY Fed RRP op demand at 0.33bln (prev. 1.51bln) across 4 counterparties (prev. 5) on March 9th
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This uncertainty may fuel volatility in oil prices, particularly WTI and Brent, as traders assess the likelihood of escalated actions against Iran. For FX markets, the USD may see some movement against safe havens like gold and the JPY as risk sentiment fluctuates.
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