Headlines

Iran's Foreign Ministry, when exiting talks with the US, said "There is no trust between the two parties, we have to continue the negotiations in these conditions"

Newsquawk Staff ·

  • Adds "We have entered certain details related to both the lifting of sanctions and nuclear subjects," and "We are ready to continue these talks as long as it takes, the issues are complicated. There is no trust between the two parties, we have to continue the negotiations in these conditions,"

What it means

Iran's comments on the lack of trust with the US and their readiness to continue negotiations signal that any resolution regarding sanctions or nuclear issues remains distant. This prolonged uncertainty can impact oil prices and broader market sentiment, as instability in Iranian negotiations often reverberates in energy markets and affects geopolitical risk perceptions. Traders should be cautious about potential volatility in WTI prices as these talks progress.

Sources

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