Iran insists on releasing $24 billion in frozen funds as a condition for progress, while US officials resist, heightening geopolitical risks.
Iran has demanded the release of $24 billion in frozen assets to advance stalled negotiations with the US, with $12 billion due upon signing an interim deal. The funds are seen as a trust-building measure, but US officials oppose the move, fearing it would weaken leverage over Iran.
Negotiations remain deadlocked, with Iran ruling out a meeting between President Trump and Supreme Leader Ayatollah Khamenei. Tehran warned of expanded military operations beyond the Persian Gulf if tensions escalate, targeting key shipping routes.
Markets may react to heightened geopolitical risks, with oil prices potentially rising amid concerns over supply disruptions in the Middle East.