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♟️ Oil markets crowd a best-case Iran settlement the Islamabad MOU cannot yet guarantee
The Week in Geopolitics

♟️ Oil markets crowd a best-case Iran settlement the Islamabad MOU cannot yet guarantee

Macro Soup Newsroom Macro Soup Newsroom 3 min read

Brent crude fell 3.6% to $84.21/barrel on the day the US and Iran signed the Islamabad memorandum of understanding, pricing in a durable peace. The accord's 60-day nuclear negotiating window carries diplomatic weight its vague enrichment provisions cannot yet support.

Qatar News Agency infographic with portrait of Sheikh Mohammed bin Abdulrahman Al-Thani and six text boxes discussing the US-Iran MoU.
Qatar News Agency infographic highlights the US-Iran MoU signed June 17 as laying the groundwork for a ceasefire and final agreement on nuclear issues and Hormuz access. Source

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