SIRENS SOUNDED IN BAHRAIN - INTERIOR MINISTRY

IRAN SAYS ALBORZ-ZANJAN RAILWAY LINES DAMAGED IN ENEMY ATTACK ONE PERSON DIED, 11 WOUNDED FROM RAILWAY ATTACK IN IRAN

Oil prices are likely to remain headline-driven in the near term, said Priyanka Sachdeva of Phillip Nova, with markets focused on Donald Trump’s Tuesday deadline on Iran. She said crude is holding recent gains but is reacting more to geopolitical risk than supply-demand fundamentals. “Oil is no longer trading supply and demand; it’s trading deadlines and detonations,” she noted, adding that underlying market tightness persists despite efforts to offset Middle East supply disruptions.