SQUAWK/NEWS
Account
Theme
Account
Menu
Live News COMMODITIES ARTICLE H impact

GLOBAL ENERGY: Al Hadath cites Tasnim News Agency, which cites sources: [...]

Al Hadath cites Tasnim News Agency, which cites sources: "Araghchi's move in dealing with Witkoff was carried out without coordination with the relevant authorities." "Araghchi engaged in a "mistaken" handling with Witkoff without coordination" "Araghchi must provide clarification to relevant authorities regarding his meeting with Witkoff" * The report continues the trend of more hardline, IRGC-linked Iranian news outlets arguing against Araghchi's reported Tuesday meetings with the US on the sidelines of the UN. * Crude is higher amid this Tasnim report, which points to a segment within Iran disavowing the recent diplomatic efforts. * Meanwhile, Iran's Foreign Ministry spokesperson on X: "Iran's conditions are clear and transparent: cessation of aggressive U.S. actions, including the naval blockade, economic terrorism, ending the war on all fronts, release of Iran's frozen or restricted assets, acceptance of a safe shipping route in the manner agreed upon between the two coastal governments..." * These conditions could point to Iranian control over the Strait of Hormuz, something that has not been acceptable to the US in the past. * Brent NOV 26 up 3.7% at 102.97$/bbl * WTI NOV 26

" "Araghchi engaged in a "mistaken" handling with Witkoff without coordination" "Araghchi must provide clarification to relevant authorities regarding his meeting with Witkoff" * The report continues the trend of more hardline, IRGC-linked Iranian news outlets arguing against Araghchi's reported Tuesday meetings with the US on the sidelines of the UN. * Crude is higher amid this Tasnim report, which points to a segment within Iran disavowing the recent diplomatic efforts. S. " * These conditions could point to Iranian control over the Strait of Hormuz, something that has not been acceptable to the US in the past.

89/MWh