Iran receives US feedback on the seven-point proposal; AUD lags post-CPI while DXY eyes PCE - Newsquawk US Market Open

  • US White House is reportedly tempering expectations of an imminent breakthrough between US-Iran, Semafor reported, with a source suggesting that "the bar is being raised very high."
  • The Iranian government spokesperson said Foreign Minister Araghchi presented President Pezeshkian with a US proposal following his New York trip, which included discussions on Iran’s conditions for reopening the Strait of Hormuz, IRNA reported.
  • UKMTO said that a crude oil tanker was struck on the port side by an unknown projectile in the Strait o
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