Iran’s Foreign Minister Abbas Araghchi‘s stay in New York has reportedly not been extended, even as Tehran continues indirect talks with Washington through Qatari mediators.
US Futures, Asian Markets Slip as Oil Prices Climb
Dow futures fell 56 points, or 0.11%, to 51,781.00, while S&P 500 futures declined 10.25 points, or 0.13%, to 7,736.50. Nasdaq 100 futures fell 73.50 points, or 0.24%, to 30,492.75 as of around 10:15 p.m. EDT.
In commodities, WTI crude oil rose 1% to $93.53 per barrel, while Brent crude gained 1.47% to $106.75 per barrel. Natural gas futures were up 0.93% to $3.135 per MMBtu.
Meanwhile, the U.S. dollar index, which tracks the greenback against a basket of currencies, stood unchanged at 101.19 at the time of writing.
Asian markets traded lower, with South Korea’s KOSPI falling 0.13% to 6,880.61, while Japan’s Nikkei 225 was down 1.06% to 65,177.19.
Araghchi’s Stay in New York Not Extended
The spokesperson for Iran’s Ministry of Foreign Affairs told IRNA on Monday that Araghchi’s stay in New York has not been extended.
Asked whether his stay had been prolonged by indirect negotiations between Tehran and Washington, the spokesperson said the minister would proceed with his previously planned schedule.
Araghchi traveled to New York for the UN General Assembly meeting, where he said on Sunday that Tehran remains open to diplomacy after President Donald Trump rejected an Iranian proposal to reopen the Strait of Hormuz.
US Response Expected ‘Hopefully’ By Tomorrow
Araghchi said Tehran held further indirect talks with the U.S. through Qatari mediators in New York, with Washington’s official response “hopefully” expected by Tuesday, according to an Al Jazeera report.
Qatari intermediaries brought forward new ideas to help bridge gaps and are taking them back to Washington, the Foreign Minister said.
Trump Denies Axios Report, Calls It a ‘Hoax’
Axios reported, citing U.S. officials, that Trump was willing to offer Iran sanctions relief and release frozen funds in exchange for concrete nuclear concessions, amid ongoing mediation efforts by Qatar and Pakistan.
Trump denied the report on Truth Social, calling it a “HOAX” driven by “Trump Derangement Syndrome” and insisted that he offered Iran “NOTHING.”
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Image via Shutterstock/ A.PAES
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