WSJ sources suggest that if France moves to place Iran's IRGC on the EU terror list, then Spain will likely follow, although sources suggest that as of now, France is not looking to make this move

WSJ sources suggest that if France moves to place Iran's IRGC on the EU terror list, then Spain will likely follow, although sources suggest that as of now, France is not looking to make this move.

The report indicates a potential shift in EU policy towards Iran if France takes action against the IRGC. Though France is not currently pursuing this move, if Spain follows suit, it could escalate tensions and impact energy markets, particularly oil prices. Traders should be aware of possible volatility in commodity markets, especially WTI, as geopolitical developments can lead to significant price swings.