US Says Witkoff, Kushner Had Positive Iran Deal Talks

Summary

Bloomberg's Abeer Abu Omar reports on positive US-Iran indirect talks in Doha, Iran's claims of unlocked frozen assets and lifted oil sanctions, the Strait of Hormuz toll dispute, and bank forecasts for oil prices to average $75 a barrel with oversupply later this year.

• US-Iran talks in Doha started rocky but ended positively, with US wanting a permanent deal beyond the August deadline.
• Iran claims $12 billion of frozen assets unlocked and oil sanctions lifted, though US confirmation is limited.
• President Trump opted out of a military position on Iran, signaling willingness to extend negotiations.
• Iran plans to toll the Strait of Hormuz after the 60-day negotiation period, opposed by the US and Oman.
• Morgan Stanley forecasts oil averaging $75/bbl in Q3 and Q4, while Goldman Sachs expects oversupply later this year.