Oman foreign min: There was significant progres in negotiations, talks will resume

Forex Short News

Oil is quickly lower by $1 on these headlines and now flat on the day.

The minister said talks with resume soon after consultations in the respective capitals.

A separate CNN report said Iran affirmed it will never have nuclear weapons.

Update: A report on Iranian TV says signs indicate than an agreement is imminent. I’d be careful with that one as obviously they don’t know Trump.

In any case, this is more oil-negative news.

This article was written by Adam Button at investinglive.com.