Negotiations remain in flux, but we’re a long way from ‘Unconditional Surrender.’
With a U.S.-Iran deal (maybe?) taking shape in coming days, the oil market that follows will look different than what preceded the war.Why it matters: The emerging deal — which would re-open the Strait of Hormuz while nuclear talks proceed — could return large amounts of barrels to the market.It's not a moment too soon as global oil stockpiles, which have…
Secretary of State Marco Rubio said on Tuesday that it could take “a few more days” to hammer out the terms of an emerging deal with Iran, dashing hopes for a quick end to the nearly three-month conflict just days after President Trump signaled an agreement was close. “There was some talks going on…
Secretary of State Marco Rubio said on Tuesday that it could take “a few more days” to hammer out the terms of an emerging deal with Iran.
Without a deal between Washington and Tehran, the fallout from Hormuz closure could deepen global energy, food and cost-of-living crises.
Plus: Consumer confidence slips on Middle East inflation fears, Ken Paxton ousts John Cornyn in the Texas Senate run-off, and don’t steal miniature cars.
