Middle East Energy Infrastructure Damage Assessed

Rystad Energy estimates Arab countries need $58 billion to repair energy infrastructure damage, with Iran requiring $19 billion. Most costs involve restoring oil refining and petrochemical facilities.

Oil Prices Drop, Asian Markets Rally

Global financial markets rallied after signals of potential US-Iran peace talks resumption. Oil prices dropped, with Brent falling to $94.13 per barrel, while Asian indices gained 1.5%, led by optimism over Middle East de-escalation.

IAEA Chief: Iran Uranium Enrichment Duration Political

IAEA Director General Rafael Grossi stated that any decision on the duration of Iran's uranium enrichment moratorium is political. US-Iran talks concluded without agreement, with enrichment duration remaining a key dispute.