Drawing ever closer, yet still failing to materialize! Morgan Stanley: The probability of a U.S.-Iran deal falling through is as high as 70%.

The U.S.-Iran conflict appears to be just one step away from resolution but continues to elude a final conclusion. A recent JPMorgan report warns that negotiations remain stuck in a state of 'perpetually approaching but never signing,' with only a 10% probability of an actual agreement being reached.

wallstreetcn55minutes ago

Oil prices may fall toward $70! JPMorgan: Global equity rotation is set to resume.

With a peace agreement between the U.S. and Iran imminent, JPMorgan strategist Ward expects oil prices to potentially drop to $70 in the coming weeks. She believes sustained downward pressure on oil prices would reignite the market rotation previously interrupted, providing tailwinds for equities; meanwhile, lower oil prices could create room for central banks to cut interest rates, offering additional support to stock valuations.

wallstreetcn02:13

Shares of Integrated Oil and Gas Companies Are Trading Lower as Energy Prices Retreat Following U.S.-Iran Negotiations That Are Expected to Lead to the Signing of an MoU That Reopens the Straight of Hormuz and Outlines Nuclear Goals.

Benzinga00:32

Express News | U.S. Senior Official: U.S. and Iran Have Signed a Memorandum of Understanding

BreakingsJun 15 23:45

Express News | Iran: Certain provisions of the Iran-U.S. Memorandum of Understanding will take effect on the 15th

BreakingsJun 15 23:06

Reduced risks in the Strait of Hormuz could push U.S. gasoline prices below the $4 mark, offering consumers a 'breather' from high fuel costs.

The average price of gasoline in the United States has remained above $4 per gallon for 76 consecutive days, continuing to weigh on consumers. A U.S.-Iran deal is nearing completion, and analysts expect gasoline prices to fall to $3.75 by July 4. Although there are signs of resumed navigation through the Strait, risks such as hurricanes and tight inventory levels persist, leaving oil price movements subject to uncertainty.

wallstreetcnJun 15 19:08