US-Iran talks strain as Washington accepts temporary Oil sanctions relief
Headlines on the US-Iran conflict emerged on Monday, with Axios reporting that Iran’s last proposal to the US is seen by the White House as “insufficient for a deal,” according to a Senior US official.
However, the US accepted lifting Iran’s Oil sanctions, according to a source close to the negotiation team, Iranian news agency Tasnim reported. Waving the sanctions means a “temporary lifting” of the sanctions, though Tehran insists on the removal of all sanctions on Iran, which must be a part of the US commitments.
WTI reaction
Oil prices turned positive for the day, up 1.79% to $102.76 per barrel, on news headlines.
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