Trump warns Iran talks are ‘last chance’ to end war — oil prices rise as Tehran denies negotiations

Skip NavigationMarketsPre-MarketsU.S. MarketsCurrenciesPrediction MarketsCryptocurrencyFutures & CommoditiesBondsFunds & ETFsBusinessEconomyFinanceHealth & ScienceMediaReal EstateEnergyClimateTransportationInvestigationsIndustrialsRetailWealthSportsLifeSmall BusinessInvestingPersonal FinanceFintechFinancial AdvisorsOptions ActionETF StreetBuffett ArchiveEarningsTrader TalkTechCybersecurityAIEnterpriseInternetMediaMobileSocial MediaCNBC Disruptor 50Tech GuidePolitics & PolicyWhite HousePolicyDefenseCongressExpanding OpportunityVideoLatest VideoFull EpisodesLivestreamLive AudioLive TV ScheduleCNBC PodcastsCEO InterviewsCNBC DocumentariesDigital OriginalsWatchlistInvesting ClubTrust PortfolioAnalysisTrade AlertsMeeting VideosHomestretchJim's ColumnsEducationSubscribePROPro NewsJosh BrownMike SantoliCalls of the DayMy PortfolioLivestreamFull EpisodesStock ScreenerMarket ForecastOptions InvestingChart InvestingSubscribeLivestreamMenuMake ItselectUSAINTLLivestreamSearch quotes, news & videosLivestreamWatchlistSIGN INCreate free accountMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenu (function() { const userMembershipOnLastVisit = localStorage.getItem("cnbcMeta__cachedUserMembership"); if (!userMembershipOnLastVisit) { // If no user membership is stored, user is likely not logged in. // These users will typically see the banner. return; } const { isPro, isInvestingClubUser } = JSON.parse(userMembershipOnLastVisit); if (!(isPro || isInvestingClubUser)) { // We’re rendering the top banner for users who are not pro or investing club members. return; } // Hide the banner for pro and investing club users. const style = document.createElement("style"); style.id = "top-banner-placeholder-style"; style.innerHTML = "[data-top-banner-placeholder] { display: none; }"; document.head.appendChild(style); })() Politics & PolicyTrump warns Iran talks are ‘last chance’ to end war — oil prices rise as Tehran denies negotiationsPublished Tue, Aug 4 20262:34 AM EDTUpdated 2 Hours AgoMike SheenWATCH LIVEKey PointsWashington and Tehran continue to deliver mixed messages on the nature of diplomatic efforts. Oil prices rise amid a lack of clarity after slumping on Monday. In this article@CL.1@LCO.1Follow your favorite stocksCREATE FREE ACCOUNTA woman and a child walk past Iranian-made Zolfaghar missiles displayed at Azadi Square in Tehran on July 24, 2026. Afp | Getty ImagesPresident Donald Trump has warned that the latest round of negotiations with Iran is the "last chance" to bring an end to the five-month conflict. Trump told reporters in the Oval Office late on Monday that talks are "going on right now," at the request of Iran, Saudi Arabia, the United Arab Emirates, Qatar and others.However, Tehran continues to deny that any direct negotiations with the U.S. are taking place — or that there are plans to hold them in the future. Iran's President Masoud Pezeshkian said on Tuesday that Tehran would continue to defend its borders but insisted it does not seek an expansion of the conflict, according to state media reports. "This is a last chance for them to sign a good document," Trump said.In a Truth Social post earlier on Monday, Trump described Iran's leaders as "unbelievably duplicitous" and accused them of lying about peace talks that are underway, "whether Iran wants to admit it or not."Stock Chart IconStock chart iconOil prices ticked higher again on Tuesday amid a lack of clarity over diplomatic efforts. Iranian foreign ministry spokesperson Esmail Baghaei had again poured cold water on the notion of direct negotiations with the United States.Baghaei told a press conference on Monday that there is no immediate plan for negotiations with the U.S., reiterating that Tehran is curren