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Iranian Foreign Minister Araghchi says negotiations with the US are no longer on the agenda

Newsquawk Staff ·

Iranian Foreign Minister Araghchi says negotiations with the US are no longer on the agenda.

What it means

The statement from Iranian Foreign Minister Araghchi implies a significant de-escalation in diplomatic relations with the US, suggesting that any future negotiations are unlikely. This could heighten geopolitical tensions in the region, impacting oil prices and potentially bolstering demand for safe-haven assets like gold. Traders should monitor related assets closely as this development may lead to volatility in the markets.

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