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Oil prices settled slightly higher after President Trump said the U.S. would not attack Iran before the November midterm elections. Traders also weighed ongoing Persian Gulf shipping risks and Gulf of Mexico production shut-ins.
EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI
US Bombs Iran For 9th Day; Hormuz Standoff Deepens US Teeters On Return To All-Out War With Iran After Troops Killed Washington Pushes EU To Announce Import Rules Rollback Sec State Rubio: Xi Still Set To Visit US After Trump Speech ECB SAFE Survey Predicts Slowdown In Growth In Selling Prices Burnham Plans Blitz Of Po