Iran Parliament Media Office denies reports that Ghalibaf resigned as head of negotiating team, says no new round of talks have been scheduled yet

The denial of Ghalibaf's resignation as head of Iran's negotiating team maintains the status quo in negotiations, which is crucial amid existing tensions over Iran's nuclear program.

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US issues fresh Iran-related sanctions

Ford Motor (F) and Chinese automaker Geely held talks as recently as this year exploring whether the European tie-up they are negotiating could extend into the US, but talks have stalled in recent months, via WSJ

Iran Parliament Media Office denies reports that Ghalibaf resigned as head of negotiating team, says no new round of talks have been scheduled yet

US Treasury Secretary Bessent says he wouldn't say no to being Fed Chair at a later date, via WSJ; adds he has no interest in the presidency

Treasury Secretary Bessent told the Wall Street Journal that the upcoming Trump-Xi summit is about “stability”

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Given that no new talks are scheduled, this could hinder the prospect of a deal, potentially affecting oil prices and overall market sentiment as traders assess geopolitical risk factors in the energy market.

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