White House Press Secretary says it is not true the US requested Iran ceasefire extension
- US remains engaged in negotiations.
- Conversations are productive and ongoing.
- Feels good about prospects of a deal with Iran.
- Next round of Iran talks would likely be in the same place.
- Pakistan is the only mediator.
- On 50% tariff threat, Xi assured Trump that China is not supplying weapons to Iran.
- Won't set timeline on Iran blockade length; blockade has been fully implemented.
Context
The denial from the White House regarding a ceasefire extension in negotiations with Iran signals ongoing tensions in the region, which could impact oil prices and energy markets. The productive conversations hint at potential future deals, but uncertainty still prevails; and with the blockade now fully in effect, this suggests heightened geopolitical risks that may lead to volatility across currencies, particularly the USD and JPY. Keep an eye on how this unfolds, as developments could influence risk sentiment and safe-haven flows.
Trade the TapeGet this analysis live, the moment it breaksNewsquawk's real-time dashboard delivers market-moving headlines and instant context to your desk before the rest of the market reacts.
Open Dashboard#USD#EUR#JAPAN#JPY#UNITED KINGDOM#GBP#EUROPE#GEOPOLITICAL#IMPORTANT#FOREX#ENERGY#METALS#US SESSION#WTI#COMMODITIES#GOLD#METALS & MINING#MATERIALS (GROUP)#DXY#WHITE HOUSE