Brent crude prices fell on Thursday as geopolitical risk premiums eased following President Trump’s comments during his Gulf tour, where he signaled that the U.S. is nearing a nuclear deal with Iran. Unlike earlier headlines on AI, defense, and aviation deals with Saudi Arabia and Qatar, Trump’s comments suggested a potential breakthrough in U.S.-Iran nuclear talks.
“We’re in very serious negotiations with Iran for long-term peace,” Trump told reporters in a press pool that AFP News first reported.
Speaking in Doha, Qatar, during his Middle East trip, the president said, “We’re getting close to maybe doing a deal without having to do this… there (are) two steps to doing this, there is a very, very nice step and there is the violent step, but I don’t want to do it the second way.”
An Iranian source told Reuters that negotiations with Trump administration officials still needed to bridge some gaps before a final deal could be reached.
Trump’s comments followed an NBC News interview with Ali Shamkhani, a top political, military and nuclear adviser to Iranian Supreme Leader Ayatollah Ali Khamenei, who said Tehran is prepared to sign a nuclear deal—provided key…
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