Iran and Oman agree revenue deal on Strait of Hormuz — Bloomberg
The Islamic Revolutionary Guard Corps (IRGC) stated that it reached a revenue-sharing agreement with Oman on the Strait of Hormuz, as Tehran and Washington’s standoff over control of the crucial…
Read More »The “What’d I miss catch up post”. Trump claims Hormuz, oil supported, CPI in line
The gap between Washington’s rhetoric and physical shipping data is the trade to watch. Trump’s repeated claims of “total control” over Hormuz have not been matched by tanker flows, with…
Read More »Death toll climbs as US and Iran trade blows in widening Middle East war
Another American fatality so soon after the Jordan base attack raises the odds that Washington extends rather than winds down its campaign against Iranian targets, keeping a geopolitical risk premium…
Read More »Trump did not reach a decision on any new deal with Iran after Situation Room meeting
Full report here Trump did not reach a final decision on a Memorandum of Understanding (MoU) with Iran during a nearly two-hour meeting in the White House Situation Room, according…
Read More »investingLive Americas FX news wrap: Trump touts naval blockade lift, progress toward deal
Trump did not reach a decision on any new deal with Iran after Situation Room meeting How have interest rate expectations changed after this week’s event? Iran’s Baghaei: No agreement…
Read More »Iran says reached conclusion on many topics discussed but doesn’t mean deal is imminent
We have reached conclusions on many topics discussed But that does not mean we’re close to signing an agreement We have reached a framework but nobody can stay that an…
Read More »USDCHF trades new lows for the week but also near key 100 day MA support
The USDCHF traded to the low for the week on Monday, testing both the May 15 low and the 100-day moving average, where dip buyers stepped in despite a brief…
Read More »Stocks remain higher but off highs as hope fades ahead of the weekend for peace
As the week comes to a close, US stocks are giving back some of their earlier gains. The major indices remain higher on the day, with the Dow up 0.74%,…
Read More »Iran dismisses Trump’s nuclear talks rejection as irrelevant to its negotiating position
Iran has dismissed Trump’s rejection of its nuclear proposals as irrelevant, with a source telling Tasnim that negotiators draft plans for Iranian interests alone and that Trump’s dissatisfaction is “naturally…
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