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Trump Unfazed by Iran Talks Collapse as Oil Soars

6/2/2026

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Story summary
  • President Donald Trump said he could not care less about a possible collapse of Iran peace talks.
  • Iran’s negotiating team stopped communicating with the United States through mediators.
  • Trump told envoys to amend the latest terms with Iran on nuclear material.
  • Brent crude futures rose 3.5% to $94.33 per barrel while U.S. West Texas Intermediate futures rose 4% to $90.91 per barrel.