Iran has firmly denied that it agreed to any new nuclear obligations during recent diplomatic talks with the United States in Switzerland, casting doubt on the progress of negotiations aimed at resolving longstanding tensions over its nuclear program.
A spokesperson for the Iranian Foreign Ministry stated on Monday that no negotiations regarding the nuclear program took place during the weekend discussions and that no new commitments were made.
The denial directly contradicts earlier market speculation that a breakthrough might be imminent, effectively resetting expectations for a near-term diplomatic resolution.
The clarification arrives as markets had begun to price in a potential de-escalation following reports of a ceasefire agreement between the two nations.
However, prediction markets have shown little movement in the probability of a comprehensive nuclear deal being reached this year, suggesting that investors remain skeptical of the durability of any diplomatic thaw.
The lack of concrete progress means that geopolitical risk premiums in energy and shipping sectors are likely to persist, with traders wary of renewed tensions.