1. Iran's top negotiator finalized the signing for the release of $12 billion in frozen Iranian assets in Switzerland, indicating progress in talks.
2. Brent and WTI crude oil futures settled significantly lower, even as the U.S. Strategic Petroleum Reserve (SPR) fell to its lowest level since 1983.
3. President Trump expressed confidence that Iran will agree to major weapons-grade nuclear verification to ensure long-term "nuclear credibility."
Iran Asset Release, Oil Decline Amidst SPR Draw, Geopolitical Tensions