LATEST: Iran has rejected Donald Trump’s claims that a U.S.-Iran deal is close to being finalized.
Trump said negotiations were “largely completed” and hinted that the Strait of Hormuz could soon return to normal shipping activity. But Iranian media sources quickly denied the narrative, calling the comments more about U.S. media optics than actual diplomatic progress.
Tehran reportedly insists the Strait of Hormuz will remain fully under Iranian control, with no unrestricted access unless wider agreements are reached.
Despite ongoing indirect talks, both sides still appear far apart on key issues 👀
The uncertainty continues to keep oil markets and global risk assets on edge ⚠️