Trump Says Iran Is Close to Signing Deal, Would Renounce Nuclear Weapons
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President Donald Trump said negotiations between the US and Iran have entered their final stage, as markets watch for a possible breakthrough in nuclear talks between the two countries.
Speaking on June 3, Trump said Iran was close to signing an agreement.
If Tehran signs the deal, it would agree not to possess nuclear weapons, he added.
The US and Iran have recently continued talks on extending a ceasefire, resuming nuclear negotiations and easing sanctions. Trump has previously said the two sides are in contact every day and that discussions are moving quickly.
Iran's government, however, has maintained that a final agreement has not yet been reached, leaving the status of any deal subject to further confirmation.
Markets are assessing whether a US-Iran agreement would ease geopolitical risks in the Middle East and ripple through international oil prices and safe-haven assets.
