Oil Tumbles On Iran Deal Buzz As Rubio Still Insists 'Denuclearization' Is The 'Ultimate' Goal

Summary

US x Iran diplomatic meeting by August 15, 2026?
Yes 22% · No 78%
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Rubio: "Denuclearization of Iran" is the "Ultimate Deal"

Secretary of State Marco Rubio spoke at the White House Tuesday, just after headlines out of Qatar touting that a new draft deal initiative is gaining momentum.

Rubio insisted again that Strait of Hormuz remains open and that vessels are continuing to pass through it, but said the US is working to open it up to bigger vessel transit flows.

"I think there is a conversation and a negotiation that we are involved in between Iran and Oman on how more ships can be able to go through there safely in the short term, as we move towards… longer-term talks about denuclearization," said Rubio. He then emphasized that that the "denuclearization of Iran" is the "ultimate deal".

But from Tehran's point of view, this will constitute Washington shifting the goalposts back to square one once agai