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According To An AXIOS Reporter: Two U.S. Officials Said That Admiral Brad Cooper, Commander Of U.S. Central Command, And General Dan Crenn, Chairman Of The Joint Chiefs Of Staff, Briefed President Trump For 45 Minutes Today On A New Plan For Possible Military Action Against Iran
According To An AXIOS Reporter: Two U.S. Officials Said That Admiral Brad Cooper, Commander Of U.S. Central Command, And General Dan Kane, Chairman Of The Joint Chiefs Of Staff, Briefed President Trump For 45 Minutes Today To Discuss New Plans For Possible Military Action Against Iran
Iranian Foreign Minister: "Stopping Israel's Aggression Against Lebanon" Is Part Of The Iran-U.S. Ceasefire Proposal
Japanese Prime Minister Sanae Takaichi: A Ministerial Meeting Was Convened Regarding The Situation In The Middle East. Regarding Crude Oil, It Is Expected That A Stable Supply Of Approximately 1.4 Million Barrels Per Day Can Be Secured Through Alternative Procurement Routes That Bypass The Strait Of Hormuz
Australia's First-quarter PPI Rose 0.4% Quarter-on-quarter, Compared With The Previous Reading Of 0.80%
Fu Cong, China’s Permanent Representative To The United Nations, Spoke At An Open Meeting Of The Security Council On The North Korean Nuclear Issue On April 30, Emphasizing The Need To Prevent War And Chaos On The Korean Peninsula
Japanese Finance Minister Warns Of Speculative Yen Volatility, Suggesting Possible Further Intervention
Senior Trump Administration Officials Said The Hostilities That Began On February 28 Under The War Powers Act Have "terminated."
Jun Mimura, Finance Minister Of Japan's Ministry Of Finance: We Maintain Close Ties With The United States Regarding Foreign Exchange
Reuters Survey: 33 Out Of 30 Economists Expect The Reserve Bank Of Australia To Raise The Cash Rate To 4.35% On May 5. More Than One-third Of Economists Anticipate That The Reserve Bank Of Australia Will Increase Interest Rates To 4.60% Or Higher This Year (no Economist Predicted This In The March Survey)
Japanese Finance Ministry Vice Finance Minister Jun Mimura: No Comment On Foreign Exchange Intervention
Tokyo's Core Inflation Rate Has Remained Below The Bank Of Japan's Target Level For The Third Consecutive Month
South Korea's Preliminary April Trade Balance Came In At US$23.77 Billion, Versus An Expected US$23.0 Billion; The Previous Reading Was Revised Upward From US$25.737 Billion To US$26.239 Billion

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Crude oil prices fell as US-Iran talks eased geopolitical fears, though a stronger dollar and negotiating challenges remain.
West Texas Intermediate (WTI) crude oil prices declined on Thursday as the United States and Iran agreed to hold diplomatic talks, easing geopolitical tensions that have recently supported the market.
WTI futures fell by 0.7 cents, or 1%, to trade at $64.5 per barrel. The drop reverses a significant portion of Wednesday's 3% surge, which was driven by reports that the planned negotiations could fall apart. With talks now scheduled for Friday in Oman, the immediate risk of conflict appears to have subsided for now.
Market sentiment has shifted on renewed hopes for de-escalation between Washington and Tehran. The discussions are a key focus for traders, especially after U.S. President Donald Trump threatened potential military action against Iran, a major OPEC producer, raising fears of a broader confrontation in the Middle East.
According to Tony Sycamore, a market analyst at IG, fears that the bilateral talks would collapse have moderated, leading to the subsequent easing in oil prices.
Despite the agreement to meet, significant differences remain over the agenda. The core conflict points highlight the complexity of the negotiations:
• Iran's Focus: Tehran aims to center the discussion on its long-running nuclear dispute with Western powers.
• U.S. Demands: Washington seeks a broader agenda that includes Iran's ballistic missile program, its support for armed proxy groups across the Middle East, and its domestic human rights record.
Adding further pressure to crude prices is a strengthening U.S. dollar. The dollar index, which measures the greenback's value against a basket of major currencies, climbed 0.25% to 97.65.
A stronger dollar typically weighs on oil demand. Since crude is priced in dollars, a rise in the currency's value makes it more expensive for buyers using other currencies, which can dampen global consumption.
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