US urges China to meet Busan trade promises as rare earth exports disappoint
US urges China to meet Busan trade promises on rare earths, with deliveries only about two-thirds of agreed levels. Truce extended to January 2027.
Trump says he is talking to Iran and the talks are going well. He also comments on a chief of staff change, backing Stephen Miller.
It remains unclear whether Wiles resigned or President Trump himself said he "wanted to make a change." Crude oil saw some late-day buying, almost certainly reflecting concerns about possible weekend escalation, even though there has been little signal from Iran.
Meanwhile, SNN reports that Iran's military doctrine is moving toward aggression under the orders of its Commander in Chief. Another report states that the recent Russia-Iran contacts followed a US request.
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US urges China to meet Busan trade promises on rare earths, with deliveries only about two-thirds of agreed levels. Truce extended to January 2027.
Iran is reviewing proposals to curb its nuclear program after previously refusing, per a report. WTI crude fell.
Iran responds positively to mediators' latest proposals, according to Al-Arabiya report; oil dips, stocks climb.
Oil recovered some losses as traders assessed Trump's military options against Iran. Focus stays on diplomatic and military developments.