U.S.-Iran Agreement Text Is Said to Be in the Final Polishing Stage, Expected to Be Announced Within Hours

According to Al Arabiya, sources say that the agreement text between Washington and Tehran is undergoing the final polish, and the final version may be announced complete within a few hours.

The Pakistani Army Chief is expected to visit Iran tomorrow, and the agreement may be officially announced complete at that time. If his trip is canceled, the final text of the agreement may still be announced within the coming hours. The next round of negotiations will be held in Islamabad after the Hajj season ends.

Affected by the above news, WTI crude oil futures dropped more than 4% in the short term, retreating below the $100 mark; spot gold rose nearly $50 in the short term, reported at $4520.62 per ounce.