Oil Prices Dip, Equities Rise as Trump Defers Decision on Iran Nuclear Proposal

A White House meeting on Friday concluded without a decision by the U.S. president on the Iran nuclear proposal.

Meeting Outcome and Market Reaction

The deferral came after discussions at the White House, leaving the status of the proposed nuclear agreement unresolved. In response, crude oil prices edged lower, while equity markets gained ground.

Key Asset Movements

• Oil: Estimated at approximately $72 per barrel.
• Bitcoin (BTC): Traded at $73,390, unchanged over the past 24 hours.

Currency and Context

• U.S. dollar (USD): 71.02 Russian rubles (down 0.35).
• Euro (EUR): 82.64 Russian rubles (down 1.05).

Market Context

As of today, May 29, 2026, markets remain focused on geopolitical developments and currency fluctuations. The ruble-denominated exchange rates reflect slight declines against both the dollar and the euro.