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Oil Tumbles On Iran Deal Buzz As Rubio Still Insists 'Denuclearization' Is The 'Ultimate' Goal

Oil Tumbles On Iran Deal Buzz As Rubio Still Insists 'Denuclearization' Is The 'Ultimate' Goal Summary Rubio: The "ultimate deal" is the denuclearization of Iran, while Omani talks focus on reopening Hormuz. Stalemate persists: Iran refuses nuclear negotiations until the conflict ends, leaving both sides far apart. Deal optimism sees oil slide: Brent fell below $80 on reports of progress in Oman-mediated Hormuz talks. Bessent claims a Hormuz agreement could come "today or tomorrow". Major doubts remain given Iran denies formal talks, security risks persist and the reported Oman plan could leave Tehran with broad...
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