U.S. President Donald Trump stated that negotiations with Iran are underway "at this very moment," characterizing the discussions as the "last opportunity" for a diplomatic resolution.
The assertion comes despite Tehran’s recent denial of any ongoing talks, highlighting the persistent disconnect between the two capitals.
Energy markets remain sensitive to these geopolitical developments.
Brent crude and WTI futures continue to trade with elevated volatility as investors weigh the prospect of a deal against the risk of renewed escalation.
The conflicting narratives prevent a clear de-risking trade, keeping supply concerns anchored in pricing.
This latest development follows weeks of diplomatic maneuvering, with previous reports suggesting a potential agreement could be finalized by Sunday.