PiCK
Iran Says Several Issues in US Talks Are Resolved, but Deal Signing Isn’t Near
Summary
- Iran said it had reached conclusions on several issues in negotiations with the US, but that a deal signing is not imminent.
- Markets are watching the course of the negotiations between the US and Iran as a variable that could affect the Strait of Hormuz, global oil prices and sentiment toward risk assets.
- Iran acknowledged progress on some issues while denying that a deal signing is near, suggesting short-term uncertainty may persist.
Forecast Trend Report by Period
Iran said several issues in its negotiations with the US have been resolved, but it is not close to signing an agreement. With talks on ending the war overlapping with the possibility of discussions on the nuclear issue, Tehran moved to temper expectations for a deal.
Iran’s Foreign Ministry spokesman said, according to a May 25 post on X by international economic news account Walter Bloomberg, that “conclusions have been reached on several topics under discussion.”
That, however, does not mean Iran is close to signing an agreement, he added. The comment followed an earlier Iranian statement that the two sides had reached a basic framework in talks with the US, while stressing that no one could say a deal was imminent.
The spokesman also said Iran has no current plans to send a delegation to Pakistan. While the possibility of mediation by a third country had surfaced during the US-Iran talks, Tehran said there are no plans at this stage for a visit to Pakistan.
Markets are watching the trajectory of US-Iran talks as a factor that could influence the Strait of Hormuz, global oil prices and sentiment toward risk assets. Iran’s acknowledgment of progress on some issues may keep hopes for negotiations alive. Still, its repeated insistence that a deal signing is not near suggests near-term uncertainty could persist.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
