U.S. President Donald Trump warned on Monday that the current round of negotiations with Iran represented the « last chance » to end the five-month conflict. According to Trump, these talks were underway at the request of Iran, Saudi Arabia, the United Arab Emirates, Qatar and other nations. However, Tehran continues to deny that any direct negotiations with the United States are taking place, stating that current talks are solely with Oman regarding the Strait of Hormuz. Oil prices rebounded on Tuesday amid the tensions, with West Texas Intermediate rising 1.29% to $81.38 per barrel and Brent crude gaining 1.73% to $85.23 per barrel.
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