US and EU officials say that in talks, they have put three demands in front of Irans, NYT reports; permanent end to all enrichment of uranium, limits on the range/number of ballistic missiles, and an end to all support for proxy groups in the Middle East

• "...In the past week, negotiations have made no progress, officials say, and there are no indications that the Iranians are preparing to give in to Trump’s demands."

The lack of progress in negotiations between US and EU officials and Iran signifies potential for increased geopolitical tensions, particularly in the Middle East. This could affect energy markets and safe-haven assets, as any escalation could disrupt supply and heighten risks. Traders should watch for market reactions in oil and currencies like the USD and EUR as the situation develops.