"In the time it takes to walk from your car to your desk, President Donald Trump added $1.7 trillion to stocks and pushed the price of oil down by $17, or approximately 15%."
"Iran's state media reported that the talks never happened, citing an unnamed 'senior security official' in a post on Telegram."
"Trump told Fox Business that talks did occur Sunday night, involving special envoys Jared Kushner and Steve Witkoff, facilitated by Egypt, Pakistan and Turkey."
"S&P 500 futures swung nearly 4% off their lows, Brent crude collapsed from $109 to a low of $92 before partially recovering."
President Trump claimed productive talks with Iran, leading to a temporary market surge and a drop in oil prices. He ordered a pause on U.S. strikes against Iranian infrastructure. Despite his assertions, Iranian media denied any discussions took place, labeling it a market manipulation tactic. The S&P 500 futures and Brent crude oil prices fluctuated significantly in response to Trump's announcements. Trump maintained that negotiations occurred with the involvement of special envoys and emphasized that Iran desires a deal.
Read at Fortune
Unable to calculate read time
Collection
[
|
...
]