The US denied an Iranian state television report on a draft interim peace deal that said maritime traffic through the Strait of Hormuz could return to normal within a month of it coming into effect.
“This report from Iranian controlled media is not true and the MOU they ‘released’ is a complete fabrication,” the White House said in a social media post on Wednesday. “Nobody should believe what Iranian state media is putting out.”
Oil had dropped on the Iranian report, with Brent falling almost 4% to below