White House Press Secretary says it is not true the US requested Iran ceasefire extension
The denial from the White House regarding a ceasefire extension in negotiations with Iran signals ongoing tensions in the region, which could impact oil prices and energy markets.
Israeli military spokesman says monitoring ceasefire talks with Iran but we are prepared to return to attack powerfull and quickly if necessary
US Treasury Secretary Bessent says Iran's neighbours more transparent now on Iran banking; US has requested that IRGC funds and those of leadership be frozen
White House Press Secretary says it is not true the US requested Iran ceasefire extension
US Treasury Secretary Bessent says he is confident Kevin Warsh will be Fed Chair on time
US Treasury Secretary Bessent says gasoline prices are up to how war talks go; can have USD 3 gasoline before September 20th; cheaper gasoline coming some time this summer
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- US remains engaged in negotiations.
- Conversations are productive and ongoing.
- Feels good about prospects of a deal with Iran.
- Next round of Iran talks would likely be in the same place.
- Pakistan is the only mediator.
- On 50% tariff threat, Xi assured Trump that China is not supplying weapons to Iran.
- Won't set timeline on Iran blockade length; blockade has been fully implemented.
The productive conversations hint at potential future deals, but uncertainty still prevails; and with the blockade now fully in effect, this suggests heightened geopolitical risks that may lead to volatility across currencies, particularly the USD and JPY. Keep an eye on how this unfolds, as developments could influence risk sentiment and safe-haven flows.
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