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Geo-Political
US President Donald Trump says he might have a proposal for Iran agreement within days
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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