Vance Says Iran Talks Made 'A Lot of Progress,' Warns Military Action Could Resume
Summary
- US Vice President JD Vance said talks with Iran have made significant progress, raising the possibility of easing Middle East geopolitical risk.
- Still, he warned that military action could resume if needed, keeping concerns alive over international oil prices and volatility in global financial markets.
- Markets are watching how progress in US-Iran talks and changes in Middle East geopolitical risk could affect international oil prices and volatility in global financial markets.
Forecast Trend Report by Period
US Vice President JD Vance said talks with Iran have made "a lot of progress," while warning that military action could resume if needed.
Vance made the remarks on May 19, according to Walter Bloomberg.
The US could restart military operations if necessary, he said. But that is not the outcome President Donald Trump or Iran wants, he added.
Vance also said he believes Iran wants a deal, though it is impossible to know until an agreement is signed.
The US and Iran have recently continued talks over issues including Tehran's nuclear program and the Strait of Hormuz.
Trump previously said he had postponed a planned military strike on Iran at the request of Middle Eastern countries.
Markets are watching whether progress in US-Iran talks and shifts in Middle East geopolitical risk will affect international oil prices and volatility in global financial markets.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
