White House Rejects Iran Terms, Pulling US Index Futures Off Record Highs as Oil Drops Over 3%
Updated
Updated · XTB · May 27
White House Rejects Iran Terms, Pulling US Index Futures Off Record Highs as Oil Drops Over 3%
3 articles · Updated · XTB · May 27
US index futures slid back toward flat after Donald Trump said he would not sign a “weak deal” with Iran and would make no premature concessions.
Trump rejected Tehran’s proposal to trade uranium handovers for sanctions relief and said Washington would keep control over frozen Iranian billions.
Brent and WTI still fell more than 3%, showing traders continue to expect intensive talks and a possible push to close an agreement despite the tougher US line.
The reversal cooled an earlier risk rally, underscoring how closely equities and oil are tracking each shift in the US-Iran negotiations.
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