Regional diplomat briefed by Iran says Tehran insists on its right to enrich uranium during talks with US; Tehran believes US negotiators seemed to understand Iran's stance on enrichment

• Tehran believes US showed flexibility about Tehran's demands.
• Tehran's missile capabilities were not discussed during the talks.
• Tehran ruled out no uranium enrichment, but open to discuss 'level and purity' of it or a regional consortium.

This development signals potential progress in negotiations between Iran and the US regarding uranium enrichment, a critical issue affecting global energy markets. Tehran's insistence on maintaining its enrichment rights, coupled with perceived flexibility from US negotiators, could influence oil prices, particularly WTI, as market participants gauge the implications for future sanctions or agreements. The lack of discussion on missile capabilities may also suggest a limited focus on broader defense issues, at least for now.