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Geopolitics

US President Trump told Axios that he struck Iran deal to avoid a global recession, and that if oil does not enter the market for months, it could trigger a global recession, according to Mehr News

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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

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