Trump says there are no talks going on or scheduled with Iran and that the US blockade remains in place. Oil is +46% ytd.

What happened

Former President Donald Trump stated that no talks are currently happening or scheduled with Iran and that the United States’ blockade of Iranian shipping remains in effect, while oil prices have risen 46% year‑to‑date.

Confirmed

Global impact / market context

Oil’s strong gain boosts energy company profits and can raise inflation, which may push central banks to tighten policy; the continued blockade keeps supply risk high, supporting further price upside for investors in the near term.

Analyst inference

Oil prices are up about 46% since January, driven by sustained demand and limited supply amid ongoing U.S. sanctions on Iran; the geopolitical tension sustains a bullish backdrop for energy markets and related global equities.

Analyst inference

What to watch

1. Watch for official statements from the U.S. or Iranian governments indicating that diplomatic talks may begin, as any de‑escalation could reduce supply risk and temper oil price gains. Analyst inference
2. Watch daily oil price movements and U.S. inventory reports, because continued gains could lift energy‑sector earnings while also feeding broader inflation pressures that affect consumer costs. Analyst inference
3. Watch for any shifts in U.S. sanctions enforcement or Iranian shipping restrictions, as tighter measures could hurt regional companies and tighten global oil supply, influencing market sentiment. Analyst inference

Evidence

• x.com