Key insights
- Trump indicated ongoing negotiations with Iran via phone, claiming Iran has significantly reduced its missile-making capabilities. While negotiations are progressing, uncertainty remains regarding whether Iran will concede sufficiently. This geopolitical tension introduces a slight bearish sentiment due to potential instability, but the ongoing dialogue mitigates a more severe reaction.
Investing.com -- President Donald Trump said on Wednesday that negotiations with Iran are now being conducted by phone, following his decision to cancel a planned trip by U.S. negotiators to Pakistan over the weekend.
Trump stated that Iran now has only a small percentage of its missile-making facilities remaining. "Now Iran just has to say we give up," Trump said.
Trump commented on Iran’s position in the negotiations, saying the country "has come a long way," but added that "the question is whether they will go far enough."
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