Mehr news agency denies reports of continuous US-Iran communication

The Mehr news agency has reported that claims of ongoing communication or information exchange between Iran and the United States through multiple channels are false. This statement contradicts earlier reports by international media suggesting that some level of dialogue had been maintained between the two nations. The backdrop of this denial is a volatile period, with ongoing hostilities and stalled negotiations, making it a significant development in the context of US-Iran relations. Mehr’s assertion may impact perceptions of the likelihood of diplomatic meetings taking place in the near future. Key Takeaways Mehr’s denial appears to suggest a decrease in the likelihood of upcoming US-Iran peace talks, particularly meetings in the UAE. The report is consistent with scenarios where communication breakdowns lead to a diplomatic impasse. Pricing reflects this development, with a noted decrease in the probability of a UAE meeting by September 30, 2026. What to Watch Markets will be monitoring any further statements from Iranian and US officials that could confirm or deny the existence of communication channels. A joint statement from the US and Iran confirming a scheduled meeting loc...