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US Special Envoy Witkoff is to brief a bipartisan group of senators on Tuesday regarding Iran, according to Axios

Newsquawk Staff ·

US Special Envoy Witkoff is to brief a bipartisan group of senators on Tuesday regarding Iran, according to Axios.

What it means

The briefing by US Special Envoy Witkoff to a bipartisan group of senators regarding Iran signals potential shifts in US policy or stance towards the region. Given the geopolitical tensions and their impact on oil markets, any new developments could affect energy prices, particularly WTI, as traders reassess risk related to supply stability. Keep an eye on how this evolves as it might influence market sentiment in the commodities space.

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