Monica Ricks
👤 SpeakerAppearances Over Time
Podcast Appearances
And that's news when you want it with Bloomberg News Now.
I'm Monica Ricks.
And this is Bloomberg.
Make decisions.
A poor decision is always better than no decision.
News when you want it with Bloomberg News Now.
I'm Monica Ricks.
Still no deal between the U.S.
and Iran, but Secretary of State Marco Rubio cautioned reporters in India today not to read too much into it.
Either way, Rubio says it'll take time.
Negotiators are still working through precise language on key issues, including Tehran's demand that its assets be unfrozen.
Final approval could still take days.
Meantime, Abu Dhabi National Oil Company has been quietly ferrying oil and gas shipments out of the Persian Gulf using its own fleet, clearing both the Iranian Navy and U.S.
warships to reach energy-starved customers.
It's leaning on practices including dark transits, which is when vessels cross the Strait of Hormuz, by turning off their transponders to avoid detection.
Another supertanker hauling two million barrels of Iraqi crude also made it out of Hormuz yesterday.
That one's bound for China.
Global stocks approach record highs and oil keeps falling on hopes that this deal could get done soon.
Brent crude's down near 5% right now at $98 a barrel.
U.S.