US Secretary of State Rubio says US-Iran talks progress, deal could come "very shortly"
US Secretary of State Marco Rubio said there has been progress made in discussions with Iran and Oman on getting more ships through the Strait of Hormuz but no final deal has been achieved, the Guardian reported on Tuesday.
US Secretary of State Marco Rubio revealed that talks between the United States, Iran, and Oman have made progress, yet no final agreement has been reached. The talks continue to be in "very progressive stages," according to Qatar's Foreign Ministry. US Treasury Secretary Scott Bessent added that a deal could be reached with Iran as soon as tomorrow.
Meanwhile, the price of West Texas Intermediate (WTI) crude oil is up by 0.31% to $74.60. Market dynamics, including risk-on and risk-off sentiments, impact currencies, commodities, and cryptocurrencies. The pound faces selling pressure, while the US Dollar, Japanese Yen, and Swiss Franc benefit from risk-off trends. Bitcoin on-chain activity has hit a yearly high due to attacks on Coldcard hardware wallets.
Written by urgent.news from FXStreet's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
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