[MARKET UPDATE] Crude continues to unwind the Axios driven downside, further impetus from i24's Stein reporting that Khamenei has not approved the agreement

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i24 News sources suggests "There are agreements on a draft agreement between the negotiating teams", journalist Stein reports

Pakistani journalist Mallick posts "Almost done subject to a necessary nod, the fine prints have been refined"

[MARKET UPDATE] Crude continues to unwind the Axios driven downside, further impetus from i24's Stein reporting that Khamenei has not approved the agreement

Fed's Musalem (2028 voter) says the baseline outlook is that inflation will take longer to come back down to target

US official says recent events in the Strait of Hormuz do not threaten negotiations with Iran, Al Jazeera reports; recent measures were defensive in nature

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