Oil Plunges Despite Iran Denying Trump's Claim Of Reaching Deal To End The War

India, June 12 -- President Donald Trump has announced that Washington has reached a "great settlement" that ends the war with Iran.

Iran denied Trump's clam with its foreign ministry saying such reports were "merely speculation."

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Iranian state media quoted foreign ministry spokesperson Esmaeil Baghaei as saying, "It has not reached a final conclusion."

According to IRNA news agency, Baghaei admitted that major part of the draft peace proposals had been finalized, but he pointed out, "Americans keep changing their positions", which remains the main hurdle to a final draft.

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Published by HT Digita...