US President Donald Trump said that he might have a proposal for an Iran agreement within days, Reuters reported on Tuesday.

Key quotes

 Two or three days. We have a very good chance of doing it.

US will issue a report on Hormuz incident later today.

Pilots involved the incident are fine.

We will not allow Iran to acquire a nuclear weapon.

Iran’s economy is struggling, they will have to come to an agreement. 

Market reaction 

At the time of writing, the West Texas Intermediate (WTI) is down 1.13% on the day at $88.75.

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