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macroJul 9, 2026, 11:34 PM

US Official Reaffirms Commitment to Iran Resolution Despite Trump's Claims

A US official has stated that the US remains committed to a memorandum of understanding with Iran, and technical discussions continue. This comes after President Trump claimed the framework deal was 'over' following Iranian strikes in the Strait of Hormuz.

A US official said the country remains dedicated to a resolution with Iran, with technical talks still ongoing. The statement contradicts President Trump's earlier declaration that the framework agreement was terminated after Tehran launched strikes against vessels in the Strait of Hormuz.

The conflicting signals highlight ongoing uncertainty in US-Iran relations. Markets are watching for potential impacts on oil flows through the strategic waterway and broader geopolitical stability, though no immediate policy shift has been confirmed.

Source: FXStreet Forex News