Key insights
- Trump's statement that Iran wants a deal, while unverified, introduces uncertainty. The mention of a blockade in the Strait of Hormuz could lead to increased geopolitical tensions and potentially impact oil prices, creating a slight negative influence on US equities due to increased risk aversion.
WASHINGTON, April 13 (Reuters) - U.S. President Donald Trump said on Monday that Iran wants to make a deal and that he will not come to any agreement that allows Tehran to have a nuclear weapon.
Trump said that talks had hit a roadblock related to nuclear issues and that a "blockade" of ships transiting the Strait of Hormuz had begun.
He said that Iran had "called this morning" and that "they’d like to work a deal." Reuters could not immediately verify the claim.
"Iran will not have a nuclear weapon," Trump told reporters at the White House. "We can’t let a country blackmail or extort the world."