U.S.-Iran deal nears conclusion: Pakistani officials say Iran and the U.S. have agreed on the text; U.S. officials say there is no 100% certainty it will be signed; Iranian Foreign Minister says it could be signed remotely within days.

Trump first claimed on social media that Iranian media reports about the draft agreement were inconsistent with the facts, then reposted a statement by Iran’s Foreign Minister saying Tehran and Washington had never been closer to reaching a deal. The Iranian Foreign Ministry stated that Iran and the U.S. have already reached understandings on most issues, that Iran is currently reviewing the draft and is in the final stage of its internal review process, and that it expects to jointly issue a statement with Oman soon regarding the management of the Strait of Hormuz. Different sources have revealed varying versions of the agreement, differing notably on issues such as control of the Strait, nuclear matters, the unfreezing of Iranian funds, and war reparations. According to U.S. media, American officials said there is an 85% probability the agreement will be signed; upon signing, a 60-day technical negotiation period would commence, during which Iran would commit to permanently abandoning its nuclear program an

wallstreetcnJun 13 05:43

Major turning point in Gulf tensions? UAE reportedly to unfreeze $10 billion for Iran in exchange for commitment to halt attacks

It has been reported that Iran has made similar funding arrangements to at least two other Gulf Arab states; sources indicated that the UAE has already completed an initial transfer of approximately USD 3 billion, while others stated that the total amount of unlocked funds amounts to USD 20 billion. Media outlets were unable to verify whether these funds belong to UAE state assets or represent long-frozen Iranian deposits held within the UAE banking system.

wallstreetcnJun 13 04:02

Express News | Iranian Foreign Minister Araghchi: The management model of the Strait of Hormuz will not revert to its pre-war state. Sovereignty over the Strait of Hormuz belongs to Iran and Oman. Iran will ensure the safe passage of vessels through the Strait of Hormuz

BreakingsJun 13 03:36

Express News | Prime Minister of Pakistan: Confirms Final Text of U.S.-Iran Agreement Has Been Reached

BreakingsJun 13 00:33

Will oil market's 'geopolitical premium' last much longer? Goldman Sachs: With oversupply prevailing, Brent crude to fall back to $80 by 2027

Goldman Sachs has revised down its forecast for the average Brent crude oil price in 2027 to $80 per barrel, primarily due to a dual pressure from upward revisions to supply and structurally weak demand. Although disruptions in the Strait of Hormuz persist, two offsetting factors—demand losses and pre-conflict supply surpluses—have significantly dampened the actual impact relative to theoretical expectations. Meanwhile, rising expectations of U.S.-Iran negotiations have prompted a pullback in crude oil prices.

wallstreetcnJun 12 23:52

Express News | Trump: The terms leaked by Iran to 'fake news' have nothing to do with the terms agreed upon in writing.

BreakingsJun 12 21:41