US, Iran Explore Phased Hormuz Deal

Oil prices declined as US and Iranian negotiators explored a plan that would see Tehran reopen the Strait of Hormuz. The two countries were pushing for a breakthrough on the sidelines of the United Nations General Assembly, a person familiar said. With geopolitics at the forefront as UNGA nears its end, we hear from Carolyn Rodrigues Birkett, Permanent Representative of Guyana to the UN & Cuba's Deputy Minister of Foreign Affairs Carlos Fernandez de Cossio. Mekala Krishnan, Partner at the McKinsey Global Institute, discusses the lessons learned from the Hormuz closure. Kelsey Berro of JPMorgan Asset Management joins to examine the state of bond markets. Plus - George Atallah, former NFLPA Assistant Executive Director, weighs in on the NFL's first game in Rio and student-athlete compensation. (Source: Bloomberg)