Turkish top diplomat says US and Iran are showing flexibility on a nuclear deal, according to FT
The comments from the Turkish top diplomat regarding US and Iranian flexibility on a nuclear deal signal potential thawing of tensions that could impact oil markets.
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Turkish top diplomat says US and Iran are showing flexibility on a nuclear deal, according to FT
RBA Assistant Governor Hunter says need to assess extent to which recent rise in inflation is temporary, adds labour market has stabilised recently, but remains a bit tight; expects labour markets to remain tight and inflation above target for some time
Saudi crude oil supply to China is set to rise to at least 53mln barrels in March, according to sources
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If negotiations progress positively, it may lead to increased supply or market stability in crude oil, particularly affecting WTI prices. Traders should be mindful of how this development can influence risk sentiment and commodity pricing in the short term.
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