U.S. and Iran Play Down Prospects for Immediate War Resolution
The U.S. and Iran have downplayed expectations of an imminent breakthrough in ending the three-month-old conflict, with discussions focusing on issues including the Strait of Hormuz, nuclear matters, and frozen Iranian assets. While optimism briefly lifted oil prices, no concrete agreement has been reached yet.

Topics: nuclear issues oil prices Strait of Hormuz U.S.-Iran relations