US and Iran agree to swap some detainees

Via Reuters:

• 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.

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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.