Kazem Gharibabadi & PVM Oil Associates

Kazem Gharibabadi: Kazem Gharibabadi, Iran's Deputy Foreign Minister, confirmed the finalization of the deal with the United States.

PVM Oil Associates: PVM Oil Associates, a consulting company, offered expert analysis on the logistical challenges and timeline for the Strait of Hormuz to return to normal operations.

Kazem Gharibabadi: Kazem Gharibabadi, Iran's deputy foreign minister, confirmed the initial agreement and stated that a more expansive agreement would be negotiated during a 60-day ceasefire period.

PVM Oil Associates: Tamas Varga, an analyst at PVM Oil Associates, offered insights into the time it will take for oil traffic to return to pre-crisis levels through the Strait of Hormuz.

Kazem Gharibabadi: Kazem Gharibabadi, Iran's Deputy Foreign Minister, has communicated Iran's demands for a peace proposal, including the lifting of sanctions and release of frozen funds.

PVM Oil Associates: PVM Oil Associates analyst Tamás Varga commented on the market being headline-driven and global oil inventories depleting due to slow flows via the Strait of Hormuz.

Kazem Gharibabadi: Kazem Gharibabadi, Iran's deputy foreign minister, restated Tehran's claims to sovereignty over the Strait of Hormuz, citing international law and justifying potential 'practical and proportionate measures' to protect security.

PVM Oil Associates: PVM Oil Associates>>> analyst Tamas Varga commented on the increasing number of vessels filtering through the Strait of Hormuz, impacting sentiment more than the actual oil balance.