Iran-US peace talks LIVE: Peace talks between Iran and the United States reached a stalemate again over Tehran’s uranium stockpile and nuclear facilities, sending markets down 850 points on Monday. Donald Trump rejected Iran’s new proposals, sending oil prices soaring. Stay tuned for LIVE updates on US-Iran peace talks as both countries remain
In its new proposal to end the war, Iran proposed transferring some of its stockpile of highly enriched uranium to a third country, but refused to dismantle its nuclear facilities – something the United States rejected as “unacceptable”.
In a post on social media, Trump said the response was “ABSOLUTELY UNACCEPTABLE” as both sides battle to maintain a fragile truce after a series of flare-ups of hostilities.
As a result, oil prices rose. Brent crude futures advanced as much as 4.5 percent to $105.80 a barrel, while West Texas Intermediate traded near $100. Follow live updates from the Iran-US peace talks here.
