美伊谈判取得进展，伊朗同意核设施检查

Live from Washington, D.C. this is Balance of Power with Joe, Matthew, and Kailey Lines. Round one brings progress, but there's still a lot of wood to chop. Welcome to the Monday Edition. As all night negotiations between the U.S. and Iran bring major progress according to both sides, including the creation of a Deconfliction line to keep the strait open. I'm Joe Matthew alongside Kailey Lines in Washington. Kaylee, President Trump just now posting the truth social seconds ago that Iran will agree to have major weapons inspections. Yeah, he says that is to ensure what he's calling, quote, a nuclear honesty long into the future. Although this will raise questions once again as to how exactly this agreement that is being negotiated is going to differ from the Joint Comprehensive Plan of Action agreement from the Obama administration, the 2015 deal that, of course, Trump said was a bad deal and took the United States out and of course, in vault weapons inspectors. That's something that we've been waiting to hear more about, including the highly enriched uranium. So many of the other sensitive topics, including Israel's war with Lebanon, or we should more likely say Hezbollah. All these will need to be resolved within 60 days for there to be something we can actually call a deal. Yeah, of course, in the intermediate 60 days, not only will these negotiations toward a deal be happening, but Iran is also going to be free to sell oil. We've officially waived the sanctions, including in this waiver provisions. The U.S. could potentially be purchasing Iranian energy products, or at least it would be allowed. So already we're starting to see some, uh, unlocking of economic incentives for Iran in this process. The optics are sensitive there, uh, of course, but they are bringing down oil prices. We're down to 3% on WTI. And Brent. Kailey, the stock market isn't too sure what it wants to do. Yeah it's down mostly today. But let's get the details now as we turn to Matt Piper up in New York with Jeff on the same. Hey Joe and Kelly, thank you so much. We check markets for you all day long here at Bloomberg. Traders are driving stocks down from the brink of all time highs. Geopolitical developments are likely to remain a key source of volatility in the near term. The S&P right now is down 3/10 of 1%. The Dow is up 4/10 of a percent or 190 points. The Nasdaq is down more than a percent down 304 points. Right now. The two year yield is at 422. The ten year is at 450. We've learned the flow of oil from the four moves is running at the fastest pace since the Iran war began. That is despite Tehran stating that the waterway is shut. Tanker tracking tracking data, I should say seen by Bloomberg, show the tankers hauling about 20 million barrels of crude were observed passing through the waterway on Friday, Saturday and yesterday. That has oil looking like this. Brent at $77 a barrel, WTI at 74 bucks a barrel. The Bloomberg dollar index is at 12 1877. Stocks were watching Intel. Shares of the tech giant right now were up 4.7%. The stock also rallied at the end of last week after President Trump announced that Apple agreed to work with it to design and build chips in the U.S.. Apple stock right now is up 6/10 of a percent. Trading around $300. Lucid shares are down nearly 5%. It comes with word that lucid is cutting about 18% of its staff as part of a cost cutting plan, due to wavering demand for its EVs. It expects to incur about $32 million in cash charges related to the reduction that it says will save about $158 million a year going forward. Just in February, it 12% of its global workforce and lucid had tumbled 49% this year through Thursday's close. For all the bad news, 24 hours a day, subscribe to Bloomberg News Now wherever you get your podcasts. I'm Matt Piper, and that's a Bloomberg business flash Joe and Kelly. All right, Matt, thank you very much. Clearly the oil market is reflecting more oil flows coming out of the Strait of Hormuz. Over the weekend, we were actually back near, uh, levels we saw prior to Operation Epic Fury beginning. Some 20 million barrels boarded on tankers were able to leave the strait over the weekend and of course, ensuring continued, uh, clarity of passage through the Strait of Hormuz as part of what, uh, was supposed to be achieved over the weekend in Switzerland. It was a marathon negotiation. Uh, round one between the U.S. and Iran lasted some 18 hours in Switzerland, where, of course, the vice president, JD Vance, uh, was dispatched to lead the U.S. team. And he echoed what we just heard from President Trump on Su social, the idea that Iran will agree to have major weapons inspections to ensure what Trump is calling nuclear honesty. Here's how JD Vance characterized it. Yesterday was a very, very good day. We made a lot of good progress. We did exactly what we wanted to do. We wanted to build a mechanism for keeping the Strait of Hormuz open. It is open. The Iranians have agreed to invite IAEA inspectors back into their country. That is a major milestone for the American people, a major milestone that the president is echoing. Tyler Kendall is covering all of this for us. Back at the white House, having traveled to the G-7 with President Trump. He was at Camp David over the weekend. Tyler, it's great to see you back on the North Lawn of the white House. He was spending a lot of time on Truth Social and in fact, even threatened to start bombing Iran while the negotiations were underway. He was talking about the reflecting pool. Uh, here in Washington. Have we heard from him his reaction to what came from this first day of talks?

Uh, Joe, not yet. Though we likely will hear from the president later today with some events on the schedule there. Uh, thing about where the talks stand now is that the U.S. is making very clear that this progress was made, but also that there's still a lot of work to do. You heard the vice president, in his own words, say that essentially this weekend was geared towards building the foundation for the house to be built, but the house hasn't been built quite yet. Now, this white house can tout a few different tangibles that resulted from the negotiations in Switzerland, including that we got essentially what they are saying is this basis for the technical talks to continue. There was this mechanism set up to monitor communication around the Strait of Hormuz, as you mentioned, the Deconfliction mechanism that is essentially to extend the cease fire to Lebanon after Vice President JD Vance himself confirmed that Iran had threatened to walk out of the talks over this issue. And then, importantly, the vice president did announce that Iran has agreed to allow inspectors into its nuclear sites. President Trump just posted about it moments ago. But at this point, the access and the scope that those inspectors will be allowed to have is one of the big questions here. Moving forward, the Joe and Kelly, we have two important meetings tomorrow that we're going to be keeping our eyes on. One is that Iranian state media has confirmed that Iran's president is set to travel to Pakistan, of course, a key mediator in this. But we're also expecting the key Iranian negotiators, including the foreign minister and the speaker of the parliament, to go to Oman. And that's very interesting here, because Oman really hasn't been a party when it comes to the mediation that's been happening. That's really been focused on Qatar and Pakistan. But Oman, of course, plays a very critical role when it comes to the Strait of Hormuz. And we've heard Iran float this idea that there could be some sort of agreement after this 60 day extension of the cease fire, where we would see fees imposed and that would be in tangent with Oman. So that's going to be something to watch very closely, because over the weekend, we heard President Trump warn in an interview that he has told Iran directly there should be no fees imposed. Or we could see another escal