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U.S. President Donald Trump claimed in a CBS interview that the U.S. and Iran would collaborate to retrieve enriched uranium from Iran, which he stated would then be transported to the United States. However, Iran's Parliamentary National Security Committee Spokesman refuted these claims, asserting that Iran would not permit the removal of uranium from the country. The conflicting statements have heightened geopolitical tensions, with oil markets reacting sharply. West Texas Intermediate (WTI) crude oil prices fell by 11.45% ($10.84) in one of the largest single-day declines, reflecting uncertainty over supply stability and geopolitical risks. Analysts note that while the market has priced in significant positive developments from the war, the current $83 level for oil leaves little room for further downside. Technical analysis highlights a potential head and shoulders pattern suggesting a drop to $60, though production disruptions and unproduced reserves complicate this outlook. The situation remains fluid, with talks reportedly set to resume in Pakistan.
