Commodities
Trump Issues Ultimatum to Iran as Oil Prices Fall Amid Conflict
US President Trump claimed on Monday that negotiations are underway between the US and Iran to end their five-month-long conflict, describing it as Tehran's 'last chance' to sign a favorable agreement.
However, Iran swiftly denied any contact or talks with the US, saying there were no arrangements made for a meeting.
The conflicting statements from both sides have cast a shadow over the prospects of resolving the conflict through diplomatic channels in the near term.
Trump has signaled negotiations and issued an ultimatum, warning that this is Iran's 'last chance' to sign a good deal.