Iran’s Foreign Ministry says framework reached with US but no deal imminent
Iran's Foreign Ministry has announced that while a framework has been established with the United States, no agreement is expected soon. The spokesperson emphasized that current negotiations focus on ending the conflict rather than nuclear issues. This clarification indicates that the two sides are still in the early stages of discussions.
- ▪Iran's Foreign Ministry stated that no agreement with the U.S. is imminent.
- ▪The spokesperson confirmed that Iran is not currently discussing nuclear issues.
- ▪Market pricing has shifted significantly in response to the lack of progress in negotiations.
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## Market Snapshot Near-term ceasefire extension markets have collapsed: the May 25 sub-market sits at 6% YES (down from 64% 24 hours ago), and May 26 at 14% YES (down from 70%). The June 30 nuclear deal market holds at 41.5% YES. ## Key Takeaways – Pricing appears consistent with markets interpreting the spokesperson’s “no agreement imminent” statement as a near-term resolution barrier. – The explicit confirmation that Iran is “not currently discussing nuclear issues” suggests the June 30 nuclear deal market may face further downward pressure. – The June 7 ceasefire sub-market at 57.5% YES (down from 86%) appears to reflect residual optimism that a catalyst may emerge within the next two weeks.
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