U.S. President Donald Trump announced new visa restrictions targeting Iran ahead of the upcoming World Cup, intensifying diplomatic friction between the two nations.
The policy, which limits entry for Iranian citizens seeking to attend the event, follows recent statements from Trump indicating that Iran has agreed not to pursue nuclear weapons, though he emphasized the agreement is not binding.
Markets have reacted cautiously to the development, with investors tracking how the situation might affect broader U.S.-Iran relations and regional stability.
The move comes amid ongoing discussions between U.S. envoys and nuclear experts in Tennessee, as outlined in prior reports.
The announcement adds to a series of diplomatic and economic tensions between the U.S. and Iran, including recent remarks from German Chancellor Angela Merkel, who described Trump as 'humiliated' by Iran's actions.
These developments underscore the fragile state of U.S.-Iran relations and the potential for further escalation.