Trump Says US, Iran Are Closer to Final Deal
Summary
- President Donald Trump said negotiations between the US and Iran are nearing a final deal.
- Markets are watching global oil prices and the dollar as the prospect of easing Middle East tensions comes into focus.
- Progress in the talks could increase volatility in global oil prices and the dollar.
Forecast Trend Report by Period
President Donald Trump said negotiations between the US and Iran are moving closer to a final deal, as markets watch whether easing tensions in the Middle East could affect global oil prices.
CBS reported on May 23 that Trump said US and Iranian negotiators are “much closer to wrapping up an agreement.”
He said any final deal would block Iran from obtaining nuclear weapons and resolve the issue of highly enriched uranium. Trump added that he would sign only an agreement that includes everything the US wants.
The US and Iran have recently continued talks that include extending a ceasefire and easing sanctions. Iran, however, has maintained that detailed discussions on the nuclear issue are not part of the initial negotiating framework.
Markets are focused on whether progress in the talks could heighten volatility in global oil prices and the dollar. Differences over limits on uranium enrichment and the handling of nuclear materials remain unresolved.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
