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[MARKET UPDATE] Risk on trade seen after Axios runs the news about Iran delivering its response, initially reported by Iranian journalist Massoumi; ES rose from 7254 to 7272 before trimming towards 7265 while Brent fell USD 1.20/bbl before trimming

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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