U.S. President Donald Trump has asserted that Iran has agreed to stringent nuclear inspections and that the Strait of Hormuz will remain open, a claim immediately rejected by Tehran.
The denial comes as diplomatic negotiations continue in Switzerland, leaving the status of the critical shipping chokepoint in limbo.
The contradiction between the White House’s assertion of a breakthrough and Iran’s refusal to acknowledge any deal introduces significant uncertainty for markets.
Traders are likely to remain cautious, as the Strait of Hormuz remains a focal point for geopolitical risk.
Any ambiguity regarding the corridor’s security directly impacts the risk premium embedded in global energy prices.
This development follows earlier reports that President Trump had declared a diplomatic agreement signed, with claims that the strait would be fully reopened by Friday.