Iran Just Got a Big Financial Green Light
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What did the U.S. 60-day license for Iranian oil sales allow and why does it matter?
Iran just got a big financial green light. I'm Dave Anthony, Fox News. The U.S. has issued a temporary 60-day license authorizing Iran's oil production and sales.
Following weekend talks in Switzerland where this morning Vice President Vance says... There is still a lot to do as we continue to make progress on the nuclear talks, on the economic talks, as we continue to demine the straits and ensure that that flow of traffic continues to pick back up. And oil prices are down more than 2%. Another big part of the talk's Lebanon. We want Hezbollah to stop firing at our friends in Israel. We want Israelis to be able to live in peace. We also want to make sure that, you know, when things happen, they don't spiral into a broader escalation.
As for the other economic benefits for Iran, Fox's Trey Yinks reports from Tel Aviv.
The US along with Qatar will have some oversight over the unfrozen Iranian funds and that some could go to purchasing US farm goods.
How did weekend talks in Switzerland shape nuclear and economic progress with Iran?
He also made a major announcement on access to Iran's nuclear program.
This is probably what we're most excited about as Americans. The Iranians have agreed to invite IAEA inspectors back into their country. A big change is coming in Britain.
After facing months and months of building pressure from both the public here in the UK as well as from within his own party, Keir Starmer is resigning as prime minister.
He'll step down once his Labour Party picks a new prime minister. Fox's Jeff Paul also reports from London.
Starmer had faced criticism for the economy, illegal immigration, and the appointment of former Jeffrey Epstein friend Peter Mandelson as US ambassador.
There's a new Trump Truth Social post just out on the Washington Reflecting Pool that's turned green, full of algae, since the president had it drained and the bottom painted dark blue. Some of that paint is also peeled, seen floating in the water. But in the post, he blames vandals illegally placing chemicals in the water. And the president wrote, remember, there's a 10-year prison sentence for destruction or attempted destruction, which the president wrote, will be fully enforced. There have been people issued citations.
America's listening to Fox News.
Stocks are rising to start the week, coming off a long Juneteenth holiday weekend. The Dow up 240 points, the Nasdaq gaining 13, the S&P 500 adding 23. As we mentioned, oil prices are down. WTI right now is back to about 74 bucks a barrel. Gas is down another penny. AAA's national average, 392 a gallon for regular. 64 cents less than last month's peak of the Iran conflict price surge of the pump. Someone who was very influential managing the economy has died. Alan Greenspan.
He served five terms as chair of the Federal Reserve. Economist Alan Greenspan has died. He was 100. His wife of 29 years, journalist Andrea Mitchell, released a statement saying Greenspan passed away at their home from complications of Parkinson's disease. Greenspan was a native New Yorker. He received his doctorate from Columbia University, was an advisor to Richard Nixon's 1968 campaign, then was chair of the Council of Economic Advisors under President Gerald Ford. President Ronald Reagan appointed him to the Federal Reserve in 1987. Jenny Kosoda, Fox News.
What oversight and economic benefits were negotiated for unfrozen Iranian funds?
In Minnesota, there's a call for Twins fans to take food out to the ballgame and their own drinks tonight.
More than 500 Target Field food and beverage workers announced earlier this month that they'd walk off the job in a one-day strike set for today during the planned game between the Minnesota Twins and the L.A. Dodgers in their demands for better health insurance, higher wages, and more job protections.
The workers here have been committed to bargaining in good faith and to coming to an agreement. And unfortunately, their employer, Delaware North Company, has not held that same commitment.
Shea Freeburg represents the union concession workers, Delaware North, saying they still plan to continue full service concessions at the ballpark during the strike.
That's Jeff Manasso. I'm Dave Anthony.
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