US officials say Reuters report that US and Iranian negotiators have scaled back ambitions for a comprehensive deal, is NOT true, Fox reports

US officials' denial of a Reuters report suggests that negotiations with Iran may still be on track for a more comprehensive deal than previously thought.

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USTR Greer says they are preparing texts for pluri-lateral agreement with a select group on critical minerals, including a proposed price floor.

NY Fed RRP op demand at 0.16bln (prev. 0.22bln) across 5 counterparties (prev. 6) on April 16th

US officials say Reuters report that US and Iranian negotiators have scaled back ambitions for a comprehensive deal, is NOT true, Fox reports

India Mining Ministry says India-Russia hold dialogue on mining, including critical minerals

UK Chancellor Reeves says UK looking at a range of options on defense; willing to make hard choices to boost defence spending; would prefer not to raise taxes or increase borrowing to fund higher defence spending

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This clarification could stabilize oil markets and reduce geopolitical risk in the region since a scaled-back deal would have raised concerns about supply and tensions, potentially influencing risk assets and currencies linked to the region.

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