Iran may agree to pause nuclear enrichment work temporarily, if US recognizes Tehran’s right to enrich uranium for civilian uses.

• Temporary halt to nuclear activity under a political agreement would also require US to release frozen Iranian funds.

The price of crude oil came off highs which peaked at $62.50 and was trading near $62.34 prior to the headline. The price low off of the news reached to $61.86. The current price is trading back above $62 and $62.15.

How much do you trust your enemies?. Moreover, why are negotiations now temporary. What is a temporary tariff? What is a temporary cease-fire? What is a temporary nuclear enrichment?

In addition, how far does the trust go with those of that are presumed not to be your enemies? Or, is everyone an enemy? Therefore, there is no one to trust and things have to be temporary?

Just some thoughts.

This article was written by Greg Michalowski at www.forexlive.com.