Iranian foreign ministry spokesperson says the transfer of Iran's enriched Uranium to the US has never been an alternative for Iran, State TV reports

The Iranian foreign ministry spokesperson's remarks indicate a firm stance against transferring enriched uranium to the U.S., which signifies ongoing tensions regarding nuclear negotiations.

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The Iranian officials said that Iran has agreed to suspend its enrichment activity for only 10 years, followed by another 10 years of minimal enrichment for laboratory research, via NYT

Iranian Foreign Ministry states that enriched uranium at 60% will not be transferred outside the country under any circumstance; Iran insists it will not transfer enriched uranium under any circumstances, deeming it as invaluable as its national territory

Iranian foreign ministry spokesperson says the transfer of Iran's enriched Uranium to the US has never been an alternative for Iran, State TV reports

Saudi Foreign Minister and US Secretary of State discuss efforts to ensure Strait of Hormuz remains open

CRUDE WRAP: WTI (M6) SETTLES USD 10.84 LOWER AT USD 83.85/BBL; BRENT (M6) SETTLES USD 9.01 AT 90.38/BBL

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This could lead to escalated geopolitical risks, impacting energy prices and safe-haven assets like gold, especially if it affects U.S.-Iran relations further. Traders should watch for currency fluctuations in the USD, EUR, and JPY, particularly as markets digest these developments in the context of regional stability.

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