Trump signs US-Venezuela oil deal
Oil prices fell back above $89 per barrel amid reports of a U.S. deal allowing access to Venezuelan oil. Meanwhile, an international report warned of a 1.8 million barrel shortfall in global inventories due to a sharp decline. In other developments, Iran announced the interception of three oil tankers in the Strait of Hormuz and confirmed that it has lifted certain conditions to open the strategic passage. Additionally, an American court ruled to revoke the suspension of visas for 75 countries, following ongoing violations that have resulted in the death of a child and injuries from Israeli shelling in Gaza. Palestinian artist Sulaiman Mansour also passed away.
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