The black gold attempted a comeback on Tuesday, as markets resorted to profit-taking on their short positions after three back-to-back days of losses. Further, a dramatic turnaround in the risk sentiment, induced by the Yuan recovery, also helped the higher-yielding oil to recover losses.
Politics
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U.S. officials are set to Travel to China Next Monday for the First High-Level, Face-to-Face Trade Negotiations Talks
Lighthizer and a small team will be in Shanghai through Wednesday, according to people familiar with the plans who asked not to be identified. The meeting will involve a broad discussion of the issues outstanding and isn’t expected to yield major breakthroughs, a senior administration official said.
परमाणु समझौता / ईरान ने यूरेनियम उत्पादन की तय सीमा तोड़ने का ऐलान किया, फ्रांस ने चिंता जताई
तेहरान – ईरान ने रविवार को 2015 में परमाणु समझौते के तहत यूरेनियम उत्पादन की तय सीमा को तोड़ने का ऐलान किया है। उप विदेश मंत्री अब्बास अरागची ने कहा कि ईरान अब भी चाहता है कि परमाणु समझौता बना रहे, लेकिन यूरोप के देश अपनी प्रतिबद्धता से पीछे हट रहे हैं। अमेरिका 2018 में एकतरफा इस समझौते से अलग हो गया था। इसके बाद उसने ईरान पर कड़े प्रतिबंध लगा दिए।
Iran Isn’t Trying to Build a Bomb Tomorrow. It Wants Sanctions Relief.
Iran decision to surpass uranium enrichment limits isn’t a dangerous provocation. It’s a calculated effort to get European leaders to reinforce the nuclear deal and halt the drift toward war.
Trump: Iran ‘playing with fire’ with uranium enrichment
Has the door closed on diplomacy between Iran and US?
Iran has announced on Monday it had amassed more low-enriched uranium than permitted under its 2015 nuclear deal with world powers, drawing a warning from US President Donald Trump that Tehran was “playing with fire”.