- Senior Iranian official Ibrahim Azizi says an agreement is not imminentciting the major unresolved issues surrounding Iran’s nuclear program and uranium enrichment.
- Trust remains the biggest obstacleTehran said it had not yet seen a “serious will” from Washington to finalize the agreement.
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Iran says so Open to negotiations in principleProvided that the United States acts honestly and sincerely.
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Tehran believes that the success of any agreement depends on… America is changing its behavior And address the current climate of deep mistrust.
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Azizi said Iran would do so “There is no problem negotiating” If you gain confidence that the United States is committed to negotiations and real dialogue.
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Iranian officials remain skeptical of President Trump’s statements and say they are I do not see sufficient commitment to a framework that can actually be implemented.
Bottom line
The comments suggest that an agreement between the United States and Iran is still further away than recent optimism might suggest. While Iran continues to express its willingness to negotiate, the statements confirm that deep mistrust between the two sides remains the main obstacle. The statements also indicate that Iran is not yet convinced that the United States is fully committed to reaching a lasting and enforceable framework, despite recent comments by President Trump and other US officials indicating progress.
The cycle seems to go on and on.
Meanwhile, crude oil is stabilizingIt rose $0.70 to $91.30But the technical picture is still less positive than the daily gains might suggest. Looking at the hourly chart, the price is a long way from today’s high $95.47 And only modestly above the session low $90.39highlighting the volatile and volatile trading conditions that have characterized the market in recent weeks.
Technically, the price is currently trading Below the 200 hourly moving average at $91.81 and Below the 100 hourly moving average at $93.56. As long as the price remains below those major moving averages, the path of least resistance remains slanted to the downside.
To improve the technical outlook, buyers will need to push the price back above the 200 hourly moving average and then reclaim the 100 hourly moving average. Until that happens, the gains will likely be viewed as corrective within a broader consolidation phase. In a market that has seen sharp swings in both directions over the past few weeks, moving averages continue to serve as important measures of short-term bias and momentum.
