GeopoliticsIMPORTANTAugust 7 at 01:33 PM

A mediating country diplomat told Axios Iranian negotiators are waiting for final approvals from the Iranian supreme national security council about the deal with Oman and the US. "We expect this approval soon", reports Axios

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Iran's SNSC and Supreme Leader are reviewing a deal with Oman and the US to manage Hormuz traffic. While optimism exists, approval hurdles and enforcement risks maintain oil price volatility.

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A mediating country diplomat told Axios Iranian negotiators are waiting for final approvals from the Iranian supreme national security council about the deal with Oman and the US. "We expect this approval soon", reports Axios

What do investors think?

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