TERRAN: Iran has categorically dismissed claims by former President Donald Trump regarding ongoing negotiations with Washington. The Iranian Foreign Ministry stated that any such assertions are false and serve only to manipulate energy prices and buy time for military plans.
According to Iranian media, the Foreign Ministry emphasized that there are currently no talks between Tehran and Washington. A spokesperson further clarified that Trump’s statements are aimed at reducing energy costs and advancing military objectives, rather than genuine diplomacy.
The statement also highlighted that some regional countries are taking steps to de-escalate tensions, but these efforts should be directed toward Washington, as Iran asserts it did not initiate the conflict. A senior Iranian security official described Trump’s remarks as psychological warfare, adding that Iran’s retaliatory threats have compelled the US to delay any potential attack.
Trump Claims Positive Talks with Iran
Meanwhile, former US President Donald Trump took to social media to claim that “very positive” discussions took place between the US and Iran. He asserted that an “excellent and productive” dialogue regarding a comprehensive resolution to the Middle Eastern crisis continued throughout the week. Trump further announced that he has instructed the US military to suspend all attacks on Iranian power plants and energy facilities for five days to facilitate negotiations.
Impact on Global Oil Markets
Following Trump’s announcement, global oil prices saw a sharp decline. Brent crude oil, the benchmark for international markets, dropped from $109 to approximately $94 per barrel but later recovered slightly to above $97. Currently, Brent crude is trading around $100 per barrel.
Similarly, US WTI crude oil prices fell by nearly 10%, reaching $88.80 per barrel. The US Energy Department’s announcement and the perceived easing of tensions contributed to the rapid decline in oil prices ahead of trading sessions.
