Iran War: No Deal Close Despite Some Progress — Tehran The diplomatic maneuvering between Washington and Tehran continues to be a high stakes game of cat and mouse, with each side making contradictory claims about the prospects for a peace deal in the midst of ongoing conflict.
Since the April 8 ceasefire, the war in Iran has been simmering down, but the rhetoric from both sides suggests that the path to a lasting agreement is far from clear cut.
Oil prices have taken a hit despite optimism surrounding a potential deal. The Brent crude futures price fell by over 4% on Monday, hitting its lowest point in two weeks.