Trump Speaks With Qatar Emir on Iran De-escalation Efforts

-Iran ceasefire. Bloomberg reported the call focused on de-escalation in the Gulf region. Iran's Parliament Speaker Mohammad Bagher Ghalibaf met Pakistani Army Chief Asim Munir in Tehran the same day. Ghalibaf stated that Iran's armed forces had strengthened during the ceasefire and would respond more forcefully if the United States resumed hostilities.

He also said Iran would not compromise on national rights.

Arabia reported that officials from Iraq, Oman, Jordan, and Qatar were coordinating mediation with Iran. Pakistani mediation reportedly resolved the deadlock over Iran's nuclear file, according to the same sources. S. military presence in the Gulf. S.

forces before reopening the Strait of Hormuz and beginning new talks within 30 days. Sky News Arabia also cited an internal disagreement between Iran's government and the Revolutionary Guard over negotiation demands.

The dollar closed the week nearly unchanged while equities rose on optimism about the talks, Bloomberg reported. 8 in May, the first improvement since the Iran conflict began. 3 percent amid reduced car travel linked to energy market effects. Qatar Airways canceled bonuses for nearly 60,000 employees after flight cancellations caused by the conflict.

Japan is scheduled to receive its first Persian Gulf oil shipment through the Strait of Hormuz since the conflict started, carried by the Idemitsu Maru with 2 million barrels of Saudi crude. Anglo American redirected Brazilian iron ore shipments to Asia because the near-closure of the Strait prevented deliveries to Bahrain Steel.