Comments from a spokesman for Iran's foreign ministry:
- US-Iran talks are over "for now"
- A reporter from State TV says unsure when talks might restart
Keep an eye out for Iran headlines. Oil is current nearly flat, down 13 cents to $63.16. I'd estimate there's at least at $3 gepolitical premium in oil at the moment.
Here is a message from Iran's foreign minister:
Very serious talks mediating between Iran and the US in Muscat today. It was useful to clarify both Iranian and American thinking and identify areas for possible progress. We aim to reconvene in due course, with the results to be considered carefully in Tehran and Washington.
So it looks like they've bought some time, at the very least.
In a separate interview, he said they agreed to continue talks, but no decision yet on when/where. Oil is down 25-cents, which seems small on some de-escalation. I guess we will have to wait and see what Trump says.
Update: The WSJ reports that Iran refuses to end nuclear enrichment in talks.
