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White House says that barrels from Venezuela deal could hit reserves in the US in November

StockNow breaking-news AI analysis

The White House indicated Venezuelan oil could reach U.S. reserves by November, though analysts note infrastructure hurdles and crude grade incompatibilities complicate filling the Strategic Petroleum Reserve.

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Geopolitics

Iranian Parliament Speaker Ghalibaf says Iran does not reject negotiations but views them as a tool in its broader confrontation with the US and Israel, Tasnim reports; reiterates US must fulfill its commitments before Iran "takes steps" to reopen Hormuz

Geopolitics

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FX/Bonds

[MARKET UPDATE] USD/JPY under pressure, falling below 159.00; no driver behind the move