U.S. President Donald Trump said the United States is not currently negotiating with Iran and that the standoff will produce an outcome soon, according to a report from Al Jazeera relayed by BlockBeats on Oct. 22.
Trump offered no timetable
Trump said he had not given up on talks, while also saying that negotiations were not taking place at that moment. He did not provide a timetable for what he called a coming resolution. His comments about the U.S. position being favorable on military and economic grounds, and the confrontation being a “small conflict,” were his own characterizations.
The report did not include an independent confirmation from the U.S. or Iranian governments. Any market effects will depend on how the situation develops and whether formal talks resume.