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[MARKET UPDATE] Crude futures continue grinding higher heading into a weekend with elevated geopolitical risk, Brent May'26 futures eye USD 110/bbl to the upside; Fixed income dip in tandem as yields rise

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Geopolitics

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

Geopolitics

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday

Geopolitics

Only 'one or two issues' remain unresolved in Iran-Oman talks, a senior diplomatic source tells Al Jazeera