Tag: @LCO26Q
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CNBC Daily Open: Trump-Vance tag team takes on Iran deal critics
Trump and Vance fought back criticisms the U.S. gave “too much” to Iran in the 14-point MOU, while traders are pricing in expectations of potential rate hikes
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U.S.-Iran deal in photos: ships in the Strait of Hormuz, daily life in Tehran
The first signs of a post-war recovery are emerging across the Middle East after the United States and Iran signed a memorandum aimed at ending the conflict.
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U.S. Navy ends blockade of Iran’s ports and coastal areas, CENTCOM says
The Navy on Thursday lifted its blockade of Iran’s ports and coastal areas at the direction of President Donald Trump.
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OPEC chief dismisses IEA supply glut forecast as ‘critical’ Strait of Hormuz reopens
The IEA said on Wednesday that a lasting resolution to the conflict could drive a surge in supply volumes and trigger a major oil overhang next year.
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Three Saudi oil tankers carrying 6 million barrels cross Strait of Hormuz
The Saudi tankers switched their transponders on Thursday after hiding their location for more than two months.
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Gas prices fall below $4 per gallon as oil supply fears ease after Iran deal
Gas prices are still 30% higher compared to what drivers paid before the U.S. and Israel attacked Iran on Feb. 28.
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Why the oil may start flowing through the Strait of Hormuz faster than many believe
Brian Sullivan’s direct conversations with industry executives and experts based both here and in the Middle East indicate ships will start steaming.
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Strait of Hormuz reopening may take weeks to ease shipping backlog and oil pressure
The Strait of Hormuz is set to reopen after Iran and the U.S. sign a peace deal, but experts warn backlogs and security checks could delay normal shipping.
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CNBC Daily Open: Warsh’s Fed debut and Iran-U.S. deal in focus
Kevin Warsh chaired his first Fed meeting, sending stocks lower while Trump reportedly signed the deal with Iran.
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Iran to define Strait of Hormuz administration with Oman and Gulf states, senior U.S. officials say
Senior U.S. officials disclosed the contents of the memorandum of understanding with Iran. The MOU pledges 60 days of toll-free shipping in the Strait of Hormuz.
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