Iran denies US proposal to lift sanctions, complicating nuclear deal talks

Iranian media has denied reports of a U.S. proposal to lift sanctions, creating uncertainty over the potential for a final nuclear deal between the two nations. The denial comes amid ongoing discussions involving key international actors, including the U.S., Iran, and mediators from Oman and other countries. This development appears to counter previous narratives suggesting progress in negotiations, as Saudi media also reported that Pakistan’s army chief reprimanded Iran’s security head, further complicating the geopolitical landscape. In the prediction markets, the prospect of a U.S.-Iran final nuclear deal by August 31, 2026, remains low, with current pricing at only 0.4% for a YES outcome. This reflects a lack of confidence in a breakthrough within the next week. The likelihood for a deal by September 30, 2026, also remains modest, currently at 2.8% for YES, with participants weighing recent setbacks against the remaining negotiation window. The denial by Iranian media could indicate a potential decrease in the probability of reaching an agreement, suggesting market participants view this as a setback in negotiations. Key Takeaways Iranian media’s denial of a U.S. proposal to li...