Iranian Parliament Speaker Ghalibaf says the US has violated major parts of the MoU, citing US attacks on southern Iran, reinstating oil sanctions and threats of further strikes as MoU violations

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Iranian Parliament Speaker Ghalibaf says the US has violated major parts of the MoU, citing US attacks on southern Iran, reinstating oil sanctions and threats of further strikes as MoU violations

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The RBNZ hikes the OCR by 25bps to 2.50%, as expected; some further reduction in monetary stimulus is likely to be required to return inflation to the 2% target mid-point

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  • The US also violated Iranian adjustments in the Strait of Hormuz.
  • Cites continued Israeli aggression on Lebanon.
  • "The era of bullying and extortion is over. It leads nowhere. We don't fold."

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