WTI原油日內跌幅達1.00%，現報75.93美元/桶。

Axios reports the memorandum of understanding will be signed electronically and the US will release the text. No final decision has been made on an early signing of a US-Iran agreement.

Analyst Marte said this week's Fed meeting is Wash's first major credibility test as Fed chair; investors, policymakers and the public are watching whether he will defend the Fed's political independence. Trump has publicly urged independence on rate-setting but continues to signal a preference for lower borrowing costs. Some investors warn that if Wash fails to send a strong inflation signal he risks losing control of the bond market. April CPI rose 4.2% YoY, the fastest in over three years. Any impression the new chair intends to alter the Fed's 2% inflation target could push yields higher and further restrain the economy, running counter to Trump's objectives. A US–Iran peace deal could ease some fuel-price pressure, but pass-through to consumers would likely be delayed.