Iran acknowledges progress in US negotiations but asserts a deal is not imminent. Key developments may reshape global oil markets and geopolitical dynamics.
Iran claims progress in talks with the US, but a deal is distant.
Proposed agreement includes a 60-day ceasefire and Strait of Hormuz reopening.
Divisions within Trump's party raise concerns over the implications for Iran.
Oil markets react positively to potential agreements amidst rising tensions.