US Energy Secretary Wright states that resumption of normal oil flows will be delayed due to Iranian mines in the Strait of Hormuz

Iranian Parliament Speaker Mohammad Bagher Ghalibaf said on Wednesday that the Islamabad memorandum of understanding with Washington turned into “a declaration of US defeat,”

BOJ’s Ueda, in remarks read by Deputy Governor Himino, said the economy is likely to see slower growth but maintain a gradual recovery. BOJ’s Ueda signaled further rate increases in response to the economy and inflation, while saying financial conditions remain easy. According to BOJ Governor Ueda, further rate hikes will be made as needed based on economic and price developments, while financial conditions stay accommodative. According to a speech delivered by Deputy Governor Himino on behalf of BOJ Governor Ueda, the timing and pace of future interest rate increases were addressed.

In the last 24 hours, 72 ships and 20 million barrels of oil have transited through the Strait of Hormuz — fully restoring pre-conflict flows. Thank you President Trump and the U.S. military!