Russian Deputy Foreign Minister Sergei Ryabkov said on 3 April that Russia is ready to offer its help for the US and Iran to "reach a reasonable agreement before it is too late." The Russian gov't has offered itself as a potential mediator in any talks between the US and Iran, a scenario that just a few months ago would have been unthinkable but in the current international environment moves into the realms of a slim possibility. On 2 April, Ryabkov said that any US strike on Iran's nuclear facilities would be "catastrophic" following US President Donald Trump's threat of a major escalation against Tehran if talks on a new nuclear deal were not forthcoming.
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Other recent flow in SFRM5/Z5 saw ~4.5 given at -39.0.
Latest block trade lodged at 09:33:27 London/04:33:27 NY, SFR red futures pack (SFRZ5-U6) sees 4K blocked, looks like a seller with all prices executed through prevailing bids.