US releases 31 seafarers captured on 23rd April on Majestic X, includes 20 Iranian Seafarers and 11 Pakistanis, Pakistani Journalist Mallick reports
The release of the 31 seafarers, including 20 Iranians, signals a potential easing of tensions in the region.
US President Trump to Fox News, says they may or may not approve Taiwan weapons; if US keeps it as it is, China is ok with it; US policy in Taiwan has not changed
Turkey is reportedly floating a USD 1.2bln fuel pipeline to Eastern NATO allies, Bloomberg reports
US releases 31 seafarers captured on 23rd April on Majestic X, includes 20 Iranian Seafarers and 11 Pakistanis, Pakistani Journalist Mallick reports
Chinese Foreign Minister encourages US and Iran to continue resolving their differences and disputes through talks; teams on two sides are still working on details for outcomes on trade, Xinhua reports
Chinese President Xi is to visit the US in the autumn, Chinese press reports
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This may affect oil and commodity prices if it indicates a broader rapprochement or reduced risks for maritime shipping in strategic waters. Traders should monitor related assets, especially those intricately tied to Middle Eastern geopolitics.
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