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The UAE has emphasized the need for “a comprehensive and sustained approach that addresses Iran’s full range of threats, including its nuclear capabilities, ballistic missiles, drones, military capabilities, and affiliated proxies and terrorist groups.”
"The market is balancing improving headlines with the reality that every delay in normalization means further supply loss and tighter near-term fundamentals," CIBC Private Wealth Group senior energy trader Rebecca Babin said in a note. "While there's been some positive geopolitical progress, it hasn't translated into real movement on flows, which remain clearly constrained."
"I have directed Vice President JD Vance and Secretary of State Rubio, together with the Chairman of the Joint Chiefs of Staff, Dan Razin' Caine, to work with Israel and Lebanon to achieve a Lasting PEACE. It has been my Honor to solve 9 Wars across the World, and this will be my 10th, so let's, GET IT DONE!" U.S. President Donald Trump said.
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