US President Trump says he is to discuss Iran deal details at the press conference today; Strait of Hormuz will be open in the next day or two, it is already partially open, and will open in full
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US President Trump says Iran MoU is not final (in reference to the 60-day negotiating period); if I do not like what I see, "we will strike again"
Russia's oil exports through its Western ports were about 35% higher than preliminary plans in the first half of June, according to sources
US President Trump says he is to discuss Iran deal details at the press conference today; Strait of Hormuz will be open in the next day or two, it is already partially open, and will open in full
G7 aims to have China supply no more than 60% of rare earths, Bloomberg reports
CNN posts 14-point US/Iran deal plan (cont.)
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Iran:
- Market is happy with the deal. There is nothing so smart as the market.
- The report on USD 300bln fund is false. The US is not having a fund to invest in Iran.
- US will not be investing "10 cents" in Iran.
Oil:
- Oil prices stayed low because "we are taking ships out" of the Strait.
- Oil prices are coming down.
- Lower oil prices will have a good impact on affordability.
- Oil prices may get lower than before the war.
France:
- Praises French President Macron, suggests that France has done a fantastic job.
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