Iran's position in talks with the US to end the war hasn't changed much from earlier iterations that failed to yield progress towards a deal, WSJ reports, citing mediators and US officials

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[MARKET UPDATE]: Geopolitical risk off trade seen as WSJ reports that mediators see little progress in Iran-US talks; downside in Stocks and Treasuries, upside in oil and the Dollar

Iran's position in talks with the US to end the war hasn't changed much from earlier iterations that failed to yield progress towards a deal, WSJ reports, citing mediators and US officials

US seizes Iran-linked ship in the Indian Ocean overnight as US President Trump threatens to resume strikes, WSJ reports, citing three US officials

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  • Comments came after Trump said he called off military strikes planned for Tuesday.
  • Mediators said Iran continues to insist on an end to hostilities, financial relief, reparations for war damage, and a role in overseeing the Strait of Hormuz while remaining at odds with US demands regarding the closing or long-term suspension of its nuclear programme.
  • US and Israel had been preparing to carry out new attacks on Iran within days, according to people familiar with the matter.
  • Some said strikes could still happen as early as next week.

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