US President states no sanctions relief will be offered to Iran in exchange for halting enriched uranium production amid stalled negotiations.
President Trump declared Iran will not receive sanctions relief in return for giving up highly enriched uranium, despite ongoing diplomatic efforts. The statement follows three months of conflict and negotiations aimed at reaching a memorandum of understanding between the US and Iran.
Iran has demanded the removal of sanctions, unfreezing of assets, and lifting of the US blockade as part of any deal. Recent military strikes during peace talks have led Iran to accuse the US of acting in bad faith, complicating negotiations. Trump described talks as “proceeding nicely” but provided no details on potential compromises.
Markets may view the hardened stance as increasing geopolitical risk, particularly for oil prices and regional stability.