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US President Donald Trump said that he had very productive talks with Iran, Fox News reported on Wednesday.
Key quotes
Moving along very nicely.
We’re having very good discussions with Iran.
They had an all-day negotiation today.
Negotiations were good.
Meanwhile, the Iranian state media, citing an informed source, noted that the Strait of Hormuz agreement with Oman will be delayed as long as the US continues to threaten Iran.
Market reaction
At the time of writing, the West Texas Intermediate (WTI) is down 0.65% on the day at $73.87.
