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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.

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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"

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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.

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