Israeli Prime Minister Benjamin Netanyahu told the White House that Iran is expanding its nuclear and ballistic missile programs while deceiving international negotiators. This revelation, based on intelligence regarding activities at the Pickaxe Mountain facility near Natanz, comes during his first direct talks with U.S. President Donald Trump since the onset of the Iran conflict. Futures contracts on a U.S.-Iran meeting by July 31, 2026 have declined from 8% to 5.5% in 24 hours. The likelihood of a deal incorporating key U.S. terms is now assessed at 26.5% by markets for 2026.
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