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Bloomberg Markets
“Everybody is fully aware that Iran will agree to have Major Weapons Inspections in order to ensure “Nuclear Honesty” long into the future,” President Trump writes in a post on Truth Social. Heather Conley, nonresident senior fellow at the American Enterprise Institute, joined Balance of Power to discuss the recent news from the Middle East. She said Iran is being paid to open the Strait of Hormuz without making concessions on its nuclear program (Source: Bloomberg)
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Bloomberg Markets
The 60-day reprieve of US sanctions on Iranian oil, under an interim peace deal, has reopened the US market to the Middle Eastern country’s crude for the first time in 35 years.