Eni CEO Claudio Descalzi said if the Middle East conflict persists, the global oil market will break out of the current roughly $80–$100 per barrel range by Q1 2027 at the latest, boosting inflation and depressing energy demand. Strategic reserve releases have so far kept prices in that band, but reserves are finite and the approach faces rising risk. Iran-related disruptions since late February have driven average daily inventory draws of about 3.8 mln barrels, accelerating to 4.6 mln bpd in Ma

An Iranian university professor, Hakimeh Saghaye-Biriyah, said the memorandum was never properly implemented and its first paragraph is effectively void. She said Israel has neither agreed to withdraw from southern Lebanon nor stopped strikes on Lebanese territory, while the United States continues to reserve the right to use force—an approach she said contravenes the spirit of the memorandum's first paragraph. She stressed the memorandum’s sovereignty clause covers land, territorial waters and airspace, and said Iran is watching whether the US will respect Iranian sovereignty in waters of the Strait of Hormuz or seek ways to circumvent it. She said these developments call into question whether the memorandum was ever executed in practice.

Iranian foreign ministry spokesman Baghaei said Iran will not permit inspections of facilities damaged in US and Israeli strikes, and that UN Security Council Resolution 2231 has effectively lost its legal force.