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Shouchuang Futures: The US and Iran are expected to enter a new round of negotiations, causing oil prices to plummet
U.S. President Trump expressed optimism multiple times on the 6th about the possibility of reaching an agreement with Iran, stating that the U.S. and Iran had engaged in “productive” talks within the past 24 hours, and that an agreement is “very likely.” During an event at the White House that day, Trump told the media that Iran is now “eager to reach an agreement,” and if they do, “they must not possess nuclear weapons.” Iran has stated that it is “evaluating” Washington’s 14-point peace plan. Pakistan said that negotiations between the U.S. and Iran through Pakistan seem to have shown hope, and “low-key talks are expected to turn into tangible results.” Subsequently, U.S. President Trump again warned that if Iran does not agree to the deal, bombing will commence. The crude oil market continues to be influenced mainly by the Iran situation; the new round of negotiations is worth watching, but there are still uncertainties, and trading is not recommended. (First Capital Futures)