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Iran’s Foreign Minister Says Geneva Talks Were the Most Serious Yet
Iranian Foreign Minister Abbas Araghchi said on Thursday that the talks between US and Iranian officials in Geneva were one of the most “serious” rounds of negotiations yet, though the threat of a US attack on Iran remains, as there were no signs of a major breakthrough. Araghchi told Iranian TV that the talks “made […]
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Stocks Jump, Oil Tumbles After IEA Calls Extraordinary Meeting To Decide On SPR Release
Stocks Jump, Oil Tumbles After IEA Calls Extraordinary Meeting To Decide On SPR Release
With oil reversing much of the overnight losses as we neared the start of US cash open trading, futures slumped and it felt like we were back to square one.
That's when the jawboning out of the G7 members - many of whom are already at their breaking point in terms of soaring input costs - decided to double down on the jawboning rhetoric from yesterday - and hinted strongly that an SPR release could be imminent.
The...
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