U.S. President Donald Trump has cast doubt on the likelihood of an imminent deal with Iran, signaling resistance to recent peace proposals.
This development comes amid ongoing negotiations that have already faced internal opposition within his administration.
Trump reportedly expressed dissatisfaction with Iran's latest offer to resolve the two-month-old conflict involving the United States and Israel.
The uncertainty surrounding the negotiations has sparked concerns about the potential for prolonged geopolitical tensions in the Middle East.
Markets are closely watching how this evolving situation might impact global energy security and trade routes, particularly in the Strait of Hormuz, a critical chokepoint for oil shipments.
The potential for a deal had previously raised hopes of easing sanctions on Iran and stabilizing the region.