Iran announced its readiness to reduce uranium enrichment, Al Hadath reports citing Iran's ambassador in Cairo; adds "The contradiction of the US statements is proof of its lack of seriousness in the negotiations"

Iran announced its readiness to reduce uranium enrichment, Al Hadath reports citing Iran's ambassador in Cairo; adds "The contradiction of the US statements is proof of its lack of seriousness in the negotiations"

Iran's announcement to reduce uranium enrichment signals a potential easing of tensions in nuclear negotiations, which could impact global markets, particularly energy prices. However, the assertion of US insincerity may suggest continued volatility, as conflicting narratives can lead to uncertainty in diplomatic progress. Traders should watch for fluctuations in oil prices and safe-haven assets as these developments unfold.