Oil Prices Fall as US Stock Futures and Treasury Prices Rise; Iran's Supreme Leader Calls for Conditions to End War

On October 27, following a speech by Iranian leaders, oil prices fell while US stock futures and Treasury prices rose, leading to a short-term increase in the cryptocurrency market. Iran's Supreme Leader called for conditions to be proposed to end the war, resulting in a short-term drop of about $0.8 in both WTI and Brent crude oil prices. Secretary of Iran's Supreme National Security Council, Rezaei, met with Khamenei to discuss maintaining national and regional security through the management of the Strait of Hormuz, as well as strengthening bilateral relations with neighboring countries. Khamenei pointed out that the enemies are in a predicament, which is a result of the Iranian nation's resistance. He emphasized the need to timely release information to maintain public participation in defending the country and to strive for the rights and interests of the Iranian people and the resistance front through the implementation of relevant conditions to end the war and the situation of "neither war nor peace." Rezaei stated that the Supreme National Security Council's secretariat is advancing Iran's strategic policies, including establishing a regionally-led arrangement and order.

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