U.S. President Donald Trump said negotiations with Iran are progressing positively and could result in a major agreement. Trump highlighted a record 19 million barrels of oil passing through the Strait of Hormuz in a single day, while noting that oil prices are falling and U.S. stock markets are rising. He also claimed that Iran has agreed it will never possess a nuclear weapon as part of what he described as a historic peace agreement. The developments are being closely watched by global markets due to their potential impact on energy prices, regional stability, and international trade.
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Trump Claims Progress on Iran Deal, Oil Output Surges
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