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Strait of Hormuz flows are hovering at ~13-14 million barrels a day (7-day average). That's about the same as the brief peak in July. But with two notable difference: a) Iranian flows are zero (rather than ~2m b/d); b) all flows are fresh loadings, rather than pre-loaded tankers.
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LiveSquawk retweeted
Replying to @LiveSquawk
There was no such Axios report
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Iran Denies Reports Of US-Iran Talks, Calls Them Market Management - Fars t.me/farsna/464399
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LiveSquawk retweeted
Moments ago a US official told CBS that the Trump administration is having "positive and constructive discussions through the mediators." Iran has proposed a 7 day plan to reopen the Strait of Hormuz but this US official said the following: "The United States is in a very strong position with control of the Strait of Hormuz, so we are not in a rush. Over the last 48 hours, nearly 40 million barrels of oil have transited the Strait. " h/t @saraecook
Iranian President Pezeshkian joined us for an interview about the state of diplomacy with the US to reopen the Strait of Hormuz, the nuclear program, the Supreme Leader & the war. @FaceTheNation
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Fed's Hammack: Expectations Could Shift If No Progress Made On Lowering Inflation - Growth Has Held Up Well, Job Market Is Stable - Fed Must Ensure Policy Is At A Restrictive Stance To Lower Inflation
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Al-Arabiya source: Indirect communications between America and Iran via intermediaries, awaiting Washington's response
مصدر رفيع للعربية: اتصالات غير مباشرة بين أميركا وإيران عبر الوسطاء وبانتظار رد واشنطن #العربية_عاجل
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Source for Al Arabiya: The arrangements being discussed between America and Iran will be phased
مصدر رفيع للعربية: الترتيبات التي يجري الحديث بشأنها بين أميركا وإيران ستكون مرحلية #العربية_عاجل
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Al-Arabiya source: Ongoing communications to provide guarantees and arrange steps between America and Iran
مصدر رفيع للعربية: اتصالات جارية لتوفير الضمانات وترتيب الخطوات بين أميركا وإيران #العربية_عاجل
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Al-Arabiya source: There are positive indicators from America and Iran, and we await the final approvals
مصدر رفيع للعربية: هناك مؤشرات إيجابية من أميركا وإيران وننتظر الموافقات النهائية #العربية_عاجل
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Source For Al Arabiya: We Exchanged Messages Regarding Opening Hormuz In Exchange For Easing The Blockade And Sanctions
مصدر رفيع للعربية: نقلنا رسائل متبادلة بشأن فتح هرمز مقابل تخفيف الحصار والعقوبات #العربية_عاجل
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Source for Al Arabiya: Returning to the memorandum of understanding between America and Iran is possible
مصدر رفيع للعربية: العودة إلى مذكرة التفاهم بين أميركا وإيران أمر ممكن #العربية_عاجل
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US President Trump: President Xi and Madam Peng have just left D.C. The meeting was one of Friendship, Strength, and Success, for both China and the U.S.A. - TSL
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US Justice Department Closes Investigation Of Crowdstrike Deals
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3 Counterparties Take $576 Mln At Fed Reverse Repo (prev $630 Mln, 3 Bids)
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Russia President Putin: Kyiv Has Begun Attacks On Civilian Infrastructure And Must Now Face The Consequences - All Proposals For A Peaceful Settlement Are On The Table, But Russia Still Needs To Consider Its Best Interest - Not Preparing For Any Hostilities With Europe
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LiveSquawk retweeted
🚨“Positive and constructive discussions” are underway between U.S. and Iranian officials through mediators, a U.S. official tells me @NewsNation The official says the U.S. is in “a very strong position with control of the Strait of Hormuz, so we are not in a rush.” Nearly 40 million barrels of oil have transited the strait over the past 48 hours, according to the official.
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