Trump Says Iran Talks In 'Final Stages,' Oil Slides Under $100
Trump said talks with Iran were in the 'final stages,' sending oil below $100 and lifting Asian markets while analysts warn of sharp price risk if the Strait of Hormuz remains closed.
CNBCAsia markets rise as Trump says negotiations between Iran and the U.S. in 'final stage'
The Gateway PunditOil Prices Drop, Stock Markets Surge After Trump Says That US and Iran Are in ‘Final Stages’ of Peace Negotiations | The Gateway Pundit | by Paul Serran
CNBCU.S. crude oil falls below $100 per barrel after Trump says Iran talks in final stages
New York PostTrump says US in ‘final stages’ of talks with Iran: ‘We’ll see what happens’
Overview
President Donald Trump said negotiations with Iran were in the "final stages," according to a pool report.
U.S. crude futures fell below $100 per barrel on Wednesday after Trumps comments.
Iranian foreign ministry spokesperson Esmaeil Baghaei said Iran was ready to develop protocols for safe shipping traffic.
Tehran has effectively closed the Strait of Hormuz while the U.S. has blockaded Iranian ports, disrupting flows that carry about 20% of global energy exports.
Analysts warned of big price risks: Citibank said Brent could reach $120 near term and Wood Mackenzie estimated a worst-case $200, while reopening Hormuz by June might ease spot Brent toward $80 by end of 2026.
Analysis
Center-leaning sources frame coverage by emphasizing market reactions and U.S. official optimism while using assertive language about Iran's actions (e.g., "blockades Iranian ports," "effectively closed") without offering Tehran's perspective. The choice to foreground economic metrics and a presidential quote shapes a stability-focused, pro-investor narrative, sidelining diplomatic context and alternative viewpoints.