Venezuela's interim president Rodriguez said a 25-year energy agreement with the US aims to raise output to 1.5 mln bpd. He said Venezuela will retain sovereignty over its resources.

Iran central bank said it launched a new phase of FX policy and began injecting up to $500 million of cash foreign exchange into the banking system from Tuesday. Trading data showed demand was weak: by Thursday banks and exchange outlets had purchased just $20 million. The central bank said it remains able to meet valid orders to banks and their exchange counters up to the $500 million cap and that the supply programme will continue.

Iran deputy foreign minister Gharibabadi said Iran's armed forces have full supervisory authority over all activity in the Strait of Hormuz, and U.S. claims about ships transiting the strait are entirely untrue.