Iran sees truce and talks as not viable in current conditions – Fars

Citing informed sources on the matter, Iran's Fars news agency reported on Wednesday that Tehran doesn't see truce and talks as viable in current conditions, despite the United States' increased efforts to establish a ceasefire and begin direct negotiations.

Market reaction

Crude oil prices edged slightly higher with the immediate reaction to this headline and the barrel of West Texas Intermediate was last seen trading marginally higer on the day above $88.

Meanwhile, the US Dollar (USD) Index stays in positive territory above 99.30 in the early American session.

Mar 25, 2026

GBP/USD: Sticky UK inflation sustains BoE premium – BBH

Brown Brothers Harriman’s (BBH) Elias Haddad notes GBP/USD is challenging resistance at its 200-day moving average near 1.3434 as UK inflation remains well above the Bank of England's (BoE) 2% target.

BoE's Greene: There is a risk inflation expectations will rise

Bank of England Monetary Policy Committee member Megan Greene said on Wednesday that if their inflation forecasts are right, there is a risk inflation expectations will rise, per Reuters.