Iran's Supreme Leader Ayatollah Ali Khamenei has dismissed the likelihood of a nuclear deal with the United States, calling the Trump administration's latest demands "outrageous." His statement directly contradicts President Trump's optimistic claim that the two nations were close to an agreement, with Iran supposedly agreeing to proposed terms.

The US and Iran have been attempting to negotiate a resolution to years of hostility, aiming for a deal that would curb Iran's nuclear program in exchange for relief from crippling US sanctions. These sanctions have severely impacted Iran's oil exports and broader economy, straining the OPEC member's financial stability.

Khamenei's rejection of talks has heightened geopolitical tensions, contributing to a surge in safe-haven assets like the Swiss Franc (CHF), Japanese Yen (JPY), and Gold, particularly against risk-on currency pairs. This development underscores ongoing challenges in US-Iran relations and reinforces market uncertainty, driving demand for safer investments.