US Iran talks deadlocked, Trump denies sanctions concessions report, Brent crude oil futures rise 2%

The negotiations between the United States and Iran regarding the Strait of Hormuz and the nuclear program have reached a stalemate, with Iranian officials holding a pessimistic attitude towards reaching an agreement. President Trump denies proposing conditions for sanctions exemptions or asset unfreezing. Brent crude oil futures rose 2% on Monday to around $106.20 per barrel.