Real-time News

An Iranian source close to the negotiating team said that Israel's withdrawal from Lebanon is a condition for Iran to reach a final agreement with the United States, and is also Iran's "red line".

Iranian Foreign Minister: A productive phone call was held with the Omani Foreign Minister, reiterating that Iran and Oman will engage in dialogue "to determine the future administration and maritime services of the Strait of Hormuz".

Both WTI and Brent crude oil rose by $0.40 in the short term, currently trading at $71.87/barrel and $74.79/barrel respectively, with intraday gains of 2.0% and 1.83% respectively.

Crude oil futures contract 2608 rose during the session, with gains widening to 1.88%, and last quoted at 476.8 yuan/barrel; the trading volume was approximately 11.722 billion yuan, with nearly 400 lots of open interest decreasing during the day, showing a trend of rising prices with reduced open interest.

The UK's Office for Maritime Trade Operations reports that a cargo ship was attacked by unidentified munitions near Oman. The captain reports no casualties and no environmental impact.

International Monetary Fund: The US economy is growing strongly, with first-quarter growth exceeding initial expectations.

1. The International Grains Council (IGC) latest monthly report projects global soybean production for 2026/27 to remain unchanged at 442 million tons, unchanged from the previous year; trade volume is expected to remain unchanged at 190 million tons, unchanged from the previous year; consumption is projected to decrease by 433 billion tons to 445 million tons; and ending stocks are projected to decrease by 0 tons to 76 million tons. 2. Data released by the U.S. Department of Commerce on Thursday showed that the U.S. core PCE price index rose 3.4% year-on-year in May, in line with market expectations and reaching a new high since October 2023. 3. The U.S. Department of Agriculture reported that for the week ending June 18, net export sales of U.S. soybeans for the 2025/2026 marketing year were 455,400 tons, compared to 424,900 tons the previous week. Net export sales of U.S. corn for the 2025/2026 marketing year were 743,100 tons, compared to 1,157,100 tons the previous week. 4. US net wheat export sales for 2026/2027 are 504,500 tons, compared to 400,800 tons the previous week. 5. Iranian Parliament Speaker Karibaf: The US falsely claims that our unfrozen assets will be used to purchase their agricultural products. 6. According to the Ministry of Foreign Affairs, on June 25, 2026, Wang Yi, member of the Political Bureau of the CPC Central Committee and Foreign Minister, held talks with Austrian Foreign Minister Reisinger in Beijing. 7. Indian government: Has lifted industry supply restrictions on liquefied petroleum gas (LPG). 8. Ministry of Agriculture and Rural Affairs: Strive to achieve a bumper harvest this year and ensure a stable supply of grain and other important agricultural products. 9. EIA Natural Gas Report: As of the week ending June 19, total US natural gas inventories were 2.835 trillion cubic feet, an increase of 76 billion cubic feet from the previous week, a decrease of 49 billion cubic feet from the same period last year (a year-on-year decrease of 1.7%), and 152 billion cubic feet higher than the 5-year average (an increase of 5.7%). 9. U.S. Energy Secretary Wright: The release of 172 million barrels of crude oil from strategic reserves is still underway. Iran's daily crude oil exports are expected to reach a maximum of 2 million barrels. 10. According to the Wall Street Journal: Iran has proposed charging transit fees in the Strait of Hormuz with its Gulf neighbors, estimating that the Strait of Hormuz could generate $40 billion in revenue annually.

U.S. Energy Secretary Wright: The release of 172 million barrels of crude oil from the strategic reserves is still underway.

U.S. Energy Secretary Wright: Iran's daily crude oil exports are expected to reach up to 2 million barrels.