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US-Iran Talks Remain Deadlocked With No Progress, Former Pentagon Official Says
Summary
- The US and Iran said talks remain deadlocked, with no progress at present.
- Iran said it is close to an agreement to reopen Oman and the Strait of Hormuz, but will not resume talks directly with the US.
- As President Donald Trump said he would continue economic pressure on Iran, WTI crude futures rose to $80 a barrel.
Forecast Trend Report by Period
Talks between the US and Iran remain deadlocked, with no sign of progress.
Mick Mulroy, a former US Defense Department official, told ABC News on August 10 that negotiations between Washington and Tehran have made no progress. The gap between the two sides remains wide.
The two countries have yet to narrow differences over key issues including the nuclear dispute, security arrangements and regional influence in the Middle East. Diplomatic channels remain open, but the odds of a near-term breakthrough appear limited.
Iran said it is close to an agreement on reopening Oman and the Strait of Hormuz. It has maintained that it will not resume direct talks with the US until related conditions are met.
Last week, US Treasury Secretary Scott Bessent said such an agreement could be near. President Donald Trump, however, said the US and Iran are currently in a "half-negotiation" and indicated he would continue economic pressure on Iran.
WTI crude futures rose to $80 a barrel on the day.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.