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June 19 – Iran is shipping large quantities of oil that were previously blocked by a US blockade, potentially good news for Tehran, which signed a provisional peace agreement with Washington on Wednesday. Shipping data compiled by Bloomberg shows that 11 oil tankers carrying a total of 20 million barrels of crude oil departed from the port of Chabahar in the Gulf of Oman this week. Previously, the US military had blocked these tankers from entering the Indian Ocean, a move aimed at restricting Tehrans access to petrodollars.On June 19, the Iranian Islamic Revolutionary Guard Corps (IRGC) issued an open letter to Irans Supreme Leader Mojtaba Khamenei, stating that the Iranian people and armed forces "firmly support the national leadership." The letter said that the Supreme Leaders recent important speech further strengthened the unity of the Iranian people, boosted the confidence of frontline fighters in maintaining existing gains, and provided important support for the political sphere in safeguarding national interests. The Iranian people and armed forces expect that political efforts will continue the gains made on the battlefield and promote the protection of Irans legitimate rights. The letter emphasized that if any party breaks its promises, makes excessive demands, or harms Irans national interests, the IRGC is prepared to take action on land, sea, air, and other operational domains.European Commission President Ursula von der Leyen: We will be committed to developing new and diversified tools.European Commission President Ursula von der Leyen: We must use the toolbox more actively to defend the EU.European Commission President Ursula von der Leyen: We must prepare for the start of negotiations between Ukraine and Russia.

Technical Analysis

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