Iran refutes claims of indirect talks with the U.S. about ending Middle East tensions, as oil prices briefly rise before focusing on U.S. naval presence in the Strait of Hormuz.
Iran has denied reports that its intelligence ministry had contacted the U.S. to discuss ending the ongoing Middle East conflict, which was initially suggested by The New York Times. Following the news, oil prices saw a brief rise before retreating as traders turned their attention to U.S. military escorts for tankers in the Strait of Hormuz, a vital shipping route for global oil trade.