A senior American official says talks between the US and Iran are continuing even now and there is progress in trying to reach an agreement, Axios reports

This development indicates a potential thaw in US-Iran relations, which could impact energy markets significantly, particularly oil prices if an agreement surfaces.

Newsquawk StaffPublished 13 Apr 2026, 16:56 UTCOn the live feed at 16:36 UTC — 3 more headlines followed before this page went public

Newsquawk headlinesUTC

16:41

US President Trump says Vance has done a good job on Iran and have been called by the other side and they want to make a deal very badly

16:40

US President Trump touts tax bill to food delivery person at White House

16:36

A senior American official says talks between the US and Iran are continuing even now and there is progress in trying to reach an agreement, Axios reports

16:35

BBC reporting journalists at the White House in the pool have just been told to assemble, and don't yet know what they will be covering

16:33

US President Trump says 34 ships went through the Strait of Hormuz yesterday, which is by far the highest since this foolish closure began

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Context

Continued talks suggest the possibility of easing sanctions, possibly leading to increased Iranian oil supply, thereby affecting global supply dynamics. Traders should watch for shifts in WTI pricing and reactions from other geopolitical actors involved in the region.

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