A post by @FirstSquawk on X.

Iranian foreign ministry spokesman Baghaei said that however strong external pressures become, they should not affect the strong bilateral ties between Iran and Iraq. The remark signals Tehran’s intent to keep its relationship with Baghdad insulated from wider geopolitical and sanctions-related strain. The comment is diplomatic rather than market-specific, but it matters for regional risk sentiment given Iraq’s role as a major oil producer and Iran’s key trade partner. Traders will watch whether the rhetoric translates into concrete economic and energy cooperation between the two neighbors.