Abbas Araghchi & ExxonMobil

Abbas Araghchi: Abbas Araghchi, Iranian Foreign Minister, confirmed that the movement of ships through the Strait of Hormuz would be allowed under Iranian military supervision as part of the ceasefire.

ExxonMobil: ExxonMobil lost close to 6% as oil prices dropped significantly.

Abbas Araghchi: Abbas Araghchi, Iranian Foreign Minister, claimed that US 'provocative actions and repeated ceasefire violations' are barriers to peace, and later stated the Strait of Hormuz was open after a ceasefire accord.

ExxonMobil: The crude production loss from Gulf Arab countries in March was nearly equivalent to the combined production of ExxonMobil and Chevron, highlighting the scale of the disruption.

Abbas Araghchi: Abbas Araghchi, Iran's Foreign Minister, stated that Tehran is holding out for a 'fair and comprehensive agreement,' indicating Iran's stance on the ongoing negotiations and its desire for a more extensive deal.

ExxonMobil: ExxonMobil shares saw losses due to the plummeting oil prices, which were influenced by the prospect of a US-Iran peace deal and the anticipated stabilization of energy supplies.

Abbas Araghchi: Abbas Araghchi, Iranian Foreign Minister, insisted the situation in Iran was under control and blamed Israel and the United States for violence.