Iran Security Shake-up; China Attempts to Close AI Gap with US

♪ >> NEWSMAKERS AND MARKET MOVERS. THIS IS "THE PULSE WITH FRANCINE LACQUA." FRANCINE: GOOD MORNING AND WELCOME. OIL IS HOLDING ITS RECENT GAINS AS A FINAL DEAL TO REOPEN THE STRAIT OF HORMUZ BETWEEN IRAN AND OMAN REMAINS ELUSIVE.TEHRAN WILL NOT DIRECT TALKS WITH THE U.S. AND PRESIDENT TRUMP SAID WASHINGTON IS SEMI- NEGOTIATING AND CAN WAIT FOR IRAN'S ECONOMICS OF FOOTING -- SUFFERING TO SOFTEN ITS STANCE. NEGOTIATIONS WITH WASHINGTON CANNOT YET BEGIN. >> AT PRESENT, WE ARE NOT ENGAGED IN ANY NEGOTIATIONS W ...