Iran's Supreme Leader says enriched uranium must stay in Iran, reducing the likelihood of a near-term deal with the U.S. and Israel. This pushed crude oil prices higher. The market views the stance as a negative for diplomatic resolution. Equities moved lower on the news.
- Iranian supreme leader states uranium must remain in Iran.
- Report contradicts Israeli demand for uranium removal.
- Crude oil prices rise on reduced deal prospects.
- Trump says US is in final stages of Iranian diplomacy.
- Tehran assesses US proposal to reopen Strait of Hormuz.
- Equities decline amid geopolitical uncertainty.
- Market sees lower probability of near-term Iran deal.
- Annmarie Hordern reports from Washington.
The market is viewing Iran's refusal to send enriched uranium abroad as a negative for the likelihood of a near-term U.S.-Iran deal, because Israel has demanded the uranium be removed from Iran. This reduces the probability of a diplomatic resolution, supporting crude oil prices.
This Bloomberg Markets video, published May 21, 2026,
features Annmarie Hordern
discussing WTI.
1 trade idea extracted by AI with direction and confidence scoring.