US Senior official says "a lot is happening today and tomorrow the US and Iran have all of the ingredients for a deal but its not all there yet ", via Fox News

The comments from the US senior official suggest a significant development is underway in US-Iran relations, hinting at the potential for a deal. This could have immediate implications for energy markets, particularly in oil prices, especially if it signals a thaw in sanctions or improved supply dynamics. Traders should watch for market volatility as the situation evolves and assess how this might affect WTI and broader commodity sentiment.