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Russian Media, Citing Sources, Report That The United States And Iran Have Reached A Consensus On The Terms Of A Ceasefire Agreement
Iran States That The Strait Of Hormuz Will Not Be Reopened Immediately; A New Permanent Shipping Route With Oman To Be Finalized Within 60 Days
Both WTI And Brent Crude Oil Prices Extended Their Losses, With WTI Crude Falling Below The $81 Mark, A Drop Of Over 4%; Brent Crude Fell $4 On The Day, To $86.4 Per Barrel
WTI Crude Oil Fell $0.30 To $81.60 Per Barrel In The Short Term; Brent Crude Oil Fell $0.20 To $87.04 Per Barrel
Sources Say European Central Bank Policymakers Are Prepared To Raise Interest Rates In September To Curb The Side Effects Of The War With Iran, But They Seem Reluctant To Signal Further Tightening Of Monetary Policy
Sources: Gunvor Is In Negotiations To Acquire Silver Hill's Haynesville Shale Gas Assets For $1.2 Billion To $1.5 Billion. If The Deal Succeeds, Western Natural, Backed By Gunvor, Will Operate Silver Hill's Assets In The Haynesville Shale Play
Iranian Foreign Minister: The Proposed New Passage Through The Strait Of Hormuz, Joint Mine Clearance, And Future Management Framework Are A Prime Example
Iranian Foreign Minister Araqchi: Iran Is Committed To Maintaining Peace And Stability, Which Is Consistent With Its Firm Foreign Policy Toward Its Neighbors
According To Al Jazeera, Israel Expelled The Dutch Representative Of The Gaza International Support Center On The Grounds Of "anti-Israel Actions."
Pakistani Foreign Minister: Pakistan Welcomes The US Decision To Lift All Sanctions Against Syria
British Chancellor Of The Exchequer: Supports US Efforts To Promote A Diplomatic Solution And Welcomes Increased Pressure On Iran Through Means Such As "economic Isolation"
British Chancellor Of The Exchequer: (Regarding Sanctions Against Iran) He Called On Iran To Cease Its Disruptive Activities In The Region, Including The Strait Of Hormuz
Market News: U.S. Democrats Are Urging Federal Reserve Chairman Warsh To Maintain The Arrangement For The Federal Open Market Committee (FOMC) To Hold Eight Meetings Per Year

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Richmond Federal Reserve President Barkin delivered a speech.
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