Iran is currently reviewing the United States' latest peace proposal. Reports indicate that Tehran believes the new proposal has "narrowed the gaps" between the two nations.
President Trump confirmed he is willing to wait "a couple of days" for Iran's decision. Diplomacy between the U.S. and Iran has intensified recently as both sides seek resolution.
Oil prices saw a decline following reports from an Iranian news agency suggesting a deal between the U.S. and Iran could be announced within hours. This is a developing story and will be updated as details emerge.
