The first round of high-level talks between the United States and Iran in Switzerland has concluded without a final agreement, mediators confirmed early Monday.
The sessions, aimed at securing a permanent end to the conflict between the two nations, ended after a tense opening marked by Tehran’s announcements, according to reports from Reuters and other wire services.
The failure to reach an immediate resolution keeps geopolitical risk premiums embedded in energy markets.
Brent crude prices remain volatile as traders assess the likelihood of a breakthrough in subsequent rounds.
The absence of a deal means shipping routes and supply chain risks in the region remain exposed, preventing a sustained relief rally in oil prices.
This development follows earlier reports that the US and Iran had agreed on a roadmap for peace and cooperation to be implemented within 60 days.