On the evening of February 17, crude oil prices plummeted again after a short-term rise.

Affected by the latest news, safe-haven assets gold and silver also plummeted.


In terms of cryptocurrencies, Bitcoin fell below $67,000, down 2.9% on the day. As of press time, nearly 77,000 people in the global market have been liquidated.
On the news front, there is good news for the US-Iran negotiations.
According to CCTV News, on the 17th local time, Oman’s Ministry of Foreign Affairs posted on social platforms that before the start of indirect negotiations on the US-Iran nuclear issue that day, Oman’s Foreign Minister Badr held talks with US presidential envoy Witkov and Trump’s son-in-law Kushner in Geneva.
The statement stated that the talks conducted a comprehensive discussion around the overall background and advancement conditions of the US-Iran negotiations, focusing on arrangements at the political and technical levels. The statement pointed out that the two sides discussed relevant issues in a pragmatic and constructive spirit to enhance the chances of reaching consensus.
Oman also stated that the US-Iran negotiations held that day had achieved "real progress" and laid the foundation for continuing to advance negotiations in the near future.
On the 17th local time, Iranian Foreign Minister Araghchi said that the current round of Iran-US Geneva negotiations had serious discussions and the atmosphere was more constructive. The two sides were able to reach an overall consensus on a set of guiding principles and continue to advance the text of a potential agreement based on this. The two sides still have some issues that require further negotiation and may lead to an agreement.
Araghchi said that this round of negotiations is more in-depth than the previous round. The two sides put forward various ideas and reached an overall consensus on a series of guiding principles, on which a possible agreement text will be drawn up. But Araghchi also said that this does not mean that an agreement will be reached soon, but the relevant path has been opened. "When it comes to drafting the text of the agreement, the related work will be more difficult."
Araghchi said that the current negotiations are progressing well and the situation is optimistic. The specific time for the next round of negotiations has not yet been determined. The two sides agreed to negotiate on some texts first and then determine the time for the third round of negotiations.
Daily Economic News Comprehensive CCTV News
daily economic news





