Trump denies report he offered Iran sanctions relief and frozen-fund release for nuclear progress
What happened
Late Monday, President Trump denied on Truth Social an Axios report, sourced to certain U.S. officials, that he was willing to offer Iran sanctions relief and release frozen Iranian funds in return for concrete steps on its nuclear program. The denial reverses the more dovish read that had circulated earlier Monday, when reports of a potential sanctions-relief-for-nuclear-progress swap helped crude pare intraday gains and lifted stocks off their worst levels. U.S. stock futures fell in overnight trading Monday night as the Iran war's economic drag, rising oil prices, and AI jitters kept long-dated Treasury yields near multi-decade highs; as of 11:04 p.m. ET, Dow futures were down 0.20%, S&P 500 futures off 0.24%, and Nasdaq-100 futures down 0.40%.
Why it matters & what’s next are part of Pro, along with the audio summary.
Start your free 14-day trialWho’s affected
- Energy majors (XOM, CVX) - crude price direction is the swing factor
- Oil-sensitive consumer sectors (airlines, trucking) - fuel-cost outlook
Sources