U.S. President Donald Trump denied reports that he was willing to ease sanctions and release frozen Iranian funds in exchange for concrete steps on Tehran’s nuclear program, saying he had offered Iran nothing. Axios and CNN, citing unidentified U.S. officials, reported that sanctions relief and access to frozen funds were under consideration as part of a final agreement. The denial came as U.S. and Iranian officials held separate discussions with mediators to end the seven-month war. Iranian President Masoud Pezeshkian said Tehran was prepared to discuss its nuclear program and other issues but would not accept coercion. Foreign Minister Abbas Araqchi said only a negotiated settlement could resolve the conflict and that reopening the Strait of Hormuz depended on Iran’s conditions. Brent crude rose 1.4% to $106.77 a barrel and U.S. West Texas Intermediate gained 1.5% to $93.94 as supply concerns persisted.