US VP Vance said we made some progress in Iran talks and he wouldn't say things went wrong, adds Iranians moved in our direction in talks but not far enough

US VP Vance's updates on Iran negotiations indicate a cautious optimism, highlighting some progress but emphasizing the need for further concessions from Iran.

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US VP Vance said we made some progress in Iran talks and he wouldn't say things went wrong, adds Iranians moved in our direction in talks but not far enough

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Says:

  • Ball is in Iran's court.
  • We made it clear what US red lines are in Iran talks.
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This is relevant as it could impact energy markets, particularly oil prices, while also influencing risk sentiment in forex, especially for the USD and JPY against potential geopolitical tensions.

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