At the NATO summit, Trump declared significant achievements, emphasizing increased defense spending by allies and the need for Europe to take more responsibility for its defense. He stated the Iran-Israel war appears to be over, noting both sides are fatigued. Trump said the U.S. won’t seize oil resources or block Iranian oil exports to China and suggested an agreement with Iran may be signed next week, focusing on nuclear restraint.
Oil remains under pressure today. Signing an agreement with Iran could further reduce regional risk.
Daily summary: Rising oil pressures EURUSD, bull run on Wall Street continues
๐US100 rebound continues
BREAKING: Oil rebounds to $100 as Gulf & European officials see US requiring 6 months for Iran deal
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