GeopoliticsIMPORTANT

US President Trump says ships are starting to move through Hormuz and will be fully open by Friday; oil prices coming down rapidly

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Iran: Think second stage of talks will happen on time Will release text of Iran agreement in formal setting. Wants formal signing to occur before the document is released. Will go over Iran MoU with media in a couple of days. Hormuz will be toll-free when it opens permanently. Would send Iran deal to Congress for review. Oil is now flowing. No rush on getting enriched Iran uranium, but when get it, will destroy it. Russia: Soon will be able to do increased sanctions on Russia; cites oil flows for being able to increase sanctions. In position to let Russia oil waivers lapse. UAE:Praises the UAE and touts US investment there.

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