Iranian Spokesman for the National Security Committee says there is no clear horizon for a political agreement with the US, Al Mayadeen reports

This development underscores escalating tensions between Iran and the US, suggesting that a political agreement remains elusive.

Newsquawk StaffPublished 11 May 2026, 12:18 UTCOn the live feed at 11:58 UTC — 5 more headlines followed before this page went public

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12:08

Saudi Aramco CEO Nasser says the company can reach its maximum sustainable oil production capacity of 12mln bpd within three weeks if needed

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11:58

Iranian Spokesman for the National Security Committee says there is no clear horizon for a political agreement with the US, Al Mayadeen reports

11:53

iPaper's Donaldson says "a Labour source says five Labour MPs have signed in the last ten minutes"

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"Not a single litre of fuel will leave the Strait of Hormuz without Iran’s permission"

Context

The assertion about fuel movement in the Strait of Hormuz highlights Iran's strategic leverage over global oil supplies, which could influence energy markets and geopolitical risk sentiment significantly. Traders should be vigilant as this situation has implications for oil prices and associated currencies, particularly in the context of existing supply concerns.

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