US and Iran agree to swap some detainees

<p>Via <a href="https://www.reuters.com/world/iran-us-verge-prisoner-swap-under-qatar-mediated-deal-2023-09-10/" target="_blank" rel="nofollow">Reuters</a>:</p><ul><li>When $6 billion of unfrozen Iranian funds are wired to banks in Qatar as early as next week, it will trigger a carefully choreographed sequence that will see as many as five detained U.S. dual nationals leave Iran and a similar number of Iranian prisoners held in the U.S. fly home, according to eight Iranian and other sources familiar with the negotiations who spoke to Reuters.</li></ul><p>-</p><p>Signs like this of agreements between the US and Iran, even those involving large $$$ transfers tend to act as an indication that more Iranian oil will, eventually, flow to global markets. And thus a headwind for oil prices at the margin. </p>

This article was written by Eamonn Sheridan at www.forexlive.com.