Iranian Oil Company Manager: We drilled thousands of wells and reservoirs to maintain production and exports during the war despite the threats

An Iranian Oil Company manager reported that extensive drilling efforts were undertaken to sustain oil production and exports amid ongoing conflict and threats. This commitment to maintaining output highlights the resilience of Iran's oil sector, which is crucial for its economy and foreign exchange earnings. The situation may influence global oil supply dynamics, particularly affecting markets sensitive to geopolitical risks and supply disruptions. Traders will be closely watching developments in the region, especially any changes in sanctions or military engagements that could impact oil flows.

HIGH-impact news is typically a market-moving event with multi-pip or multi-percent intraday reactions. Examples include central bank rate decisions, major CPI/NFP releases, geopolitical shocks, mega-cap earnings beats/misses, and regulatory announcements. Traders typically position-reduce or hedge ahead of scheduled HIGH-impact events, and follow the wire in real time to react to unscheduled ones (war headlines, central-bank emergency statements, surprise corporate actions). The Trading News Terminal squawk box reads every HIGH-impact headline aloud the moment it hits the wire — so active traders don't have to stare at the feed.

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