GENEVA: Iran and the United States reached an understanding on Tuesday on main “guiding principles” in talks aimed at resolving their longstanding nuclear dispute, but that does not mean a deal is imminent, Iranian Foreign Minister Abbas Araghchi said.
Oil futures fell and the benchmark Brent crude contract tumbled more than 1 percent after Araghchi’s comments, which helped ease fears of conflict in the region, where the US has deployed a battle force to press Tehran for concessions.
“Different ideas have been presented, these ideas have been seriously discussed, ultimately we’ve been able to reach a general agreement on some guiding principles,” Araghchi told Iranian media after the talks concluded in Geneva.
BOTH SIDES HAVE ‘CLEAR NEXT STEPS’
The indirect discussions between US Special Envoy Steve Witkoff and US President Donald Trump’s son-in-law Jared Kushner, alongside Araghchi, were mediated by Oman. The White House did not respond to emailed questions about the meeting.
