The officials said Washington expects talks with Tehran to continue despite renewed tensions, but warned there would be consequences if Iran fails to provide the public assurance. They also said any final agreement would require Iran to turn over its enriched uranium.

The developments come after several days of US airstrikes and Iranian retaliation, with the US blaming Iran for attacks on commercial shipping and imposing additional sanctions on Tehran.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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