EU'S FOREIGN POLICY CHIEF: IF TALKS WITH IRAN DO NOT INCLUDE NUCLEAR EXPERTS ON THE TABLE, AGREEMENT MAY BE WEAKER THAN JCPOA

WHITE HOUSE EXPECTED TO EXTEND JONES ACT WAIVER FOR UP TO 90 DAYS AS EARLY AS FRIDAY -SOURCES

Goldman Sachs Group Inc. said oil output from Persian Gulf nations is running about 14.5 million barrels per day below pre-war levels this month, a decline of 57%. The bank estimates any restoration of production would likely take a few months, assuming a full and safe reopening of the Strait of Hormuz and no renewed strikes. It added that prolonged disruption to the strait would delay recovery further and extend supply curtailments.