IRAN: Explosions Reported In Sirik Area, Nature Unknown

A short while ago, US President Trump posted via Truth Social: Donald J. Trump on Truth Social: I have just read the response from Iran's so-called "Representatives." I don't like it - TOTALLY UNACCEPTABLE! Thank you for your attention to this matter. President DONALD J. TRUMP. 

Earlier, Iran reportedly sent a proposal to the US around ending the conflict: "...stresses the need for an end to the war on all fronts and the lifting of sanctions on Tehran, Iran's semi-official Tasnim news agency said on Sunday, citing an informed source. The proposal emphasizes the necessity of lifting sanctions by the U.S. Office of Foreign Assets Control on Iranian oil sales during a 30-day period and ending the naval blockade on Iran, Tasnim added. Tasnim also quoted the source as saying that Iran's demands include "Iranian management of the Strait of Hormuz if certain commitments are undertaken by the U.S." The source did not specify what those commitments would be." via RTRS 

Also note WSJ/BBG: "Iran offered to transfer some of its stockpile of highly enriched uranium to a third country, but rejected the idea of dismantling its nuclear facilities, the Wall Street Journal reported earlier. Iran disputed the report, according to Iran’s semi-official news agency Tasnim." 

• CHINA APR EXPORTS +14.1% Y/Y VS MEDIAN +8.4% Y/Y: CUSTOMS
• CHINA APR IMPORTS +25.3% Y/Y VS MEDIAN +20.0% Y/Y: CUSTOMS
• CHINA APR TRADE SURPLUS +$84.82 BLN VS MEDIAN +$85.10 BLN

• CHINA APR EXPORTS +9.8% Y/Y IN YUAN TERM: CUSTOMS
• CHINA APR IMPORTS +20.6% Y/Y IN YUAN TERM: CUSTOMS
• CHINA APR TRADE SURPLUS +CNY585.7 BLN: CUSTOMS