Oil prices fall amid hopes for US-Iran peace deal
Global oil prices have fallen sharply, while Asian financi...

US President Donald Trump has dampened expectations that he and his Secretary of State, Marco Rubio, had created for a quick deal with Iran.
"Negotiations are proceeding in an orderly and constructive manner, and I have instructed my representatives not to rush into a deal, as time is on our side," Trump wrote on his online Truth Social platform.
Referring to the state of the framework agreement to end the war with Iran, he added that both sides should take their time and do everything right. "There should be no mistakes!"
Earlier, the US president had claimed that a deal to end the war was practically negotiated. The agreement included, among other things, the reopening of the strategically important Strait of Hormuz, Trump wrote on his social network. The final details of the agreement are currently being discussed and will be made public soon.
Even Secretary of State Rubio initially spread hope
US Secretary of State Rubio, during a visit to India, announced that there could be new developments during the day. The world could hear "good news" in the coming hours. He said in New Delhi that the agreement would begin a "process that will ultimately get us where the president wants us to be, and that is a world that no longer has to fear or worry about a nuclear-armed Iran."
"The world will no longer need to fear a nuclear-armed Iran": US Secretary of State Marco Rubio at a press conference in New Delhi.
Asked about criticism of the potential deal from within the ranks of American Republicans, Rubio said that the US objectives had been clear from the beginning of the war. These included "destroying" Iran's naval fleet, "significantly reducing" its missile power and damaging Iran's defense industry. These objectives have been achieved, Rubio stressed.
Just a preliminary agreement
The American news portal "Axios", referring to an American official, reported that the draft provides for an extension of the ceasefire for 60 days. During this time, the Strait of Hormuz, important for the world economy, will be open to shipping without tariffs.
Iran would commit to clearing the mines placed there – and at least promise that it would never seek to possess nuclear weapons. In return, the US would lift the blockade of Iranian ports and grant exemptions from sanctions.
The draft also suggests that the war between Israel and the Iranian-backed Hezbollah militia in Lebanon would end. Details have not been confirmed – and the deal would not mean an immediate end to the war with the withdrawal of US forces, but an initial agreement on a timeframe for further negotiations.
Iran still sees uncertainty
According to Iranian media, there are still disagreements on one or two points. The Tasnim news agency, close to the Revolutionary Guard, reported, citing an informed source, that the disagreements on these issues "have not yet been finally resolved due to obstacles from the US side."
A senior Iranian source told Reuters that the leadership in Tehran has not agreed to hand over its stockpile of highly enriched uranium.
The nuclear issue is not part of the preliminary agreement. It is expected to be discussed only in negotiations for a final agreement. Trump has repeatedly mentioned preventing Iran from building nuclear weapons as a war objective. /DW
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