For oil, Rezaei’s remarks undercut the de-escalation reading of Trump’s post. Washington’s preferred status quo is the blockade staying in place, while Tehran wants it lifted first, so there is no visible route to restoring normal Hormuz flows. A lower risk of renewed strikes may trim the war premium at the margin, but the supply squeeze looks set to persist. Crude dips on peace headlines may stay shallow. Iran’s history of dismissing reported talks also suggests traders should discount optimistic diplomatic headlines until both sides confirm them.---Trump sees momentum toward peace while Tehran sees no talks at all, and the blockade both sides keep invoking is what stands between them.Summary:Iran’s Supreme National Security Council Secretary Mohsen Rezaei told the US to stop publishing false reports about what he called imaginary negotiationsHe said it was time for Washington to accept the seven conditions Iran has repeatedly set out, and that the war had done serious damage to the US governmentIran conveyed the conditions through Qatar in September; the three named publicly are an end to the war on all fronts, release of frozen funds and an end to the naval blockadeTehran says it will not reopen the Strait of Hormuz to normal traffic until the conditions are metThe remarks contrast with Trump’s view of “positive momentum” and his comment that Gulf states prefer to keep the blockade in placeIran’s top security official told Washington to stop publishing “fake news” about what he called imaginary negotiations. He said the time had come for the United States to accept the seven conditions Tehran has repeatedly set out for ending the war.Mohsen Rezaei, secretary of Iran’s Supreme National Security Council, also said the conflict had done serious damage to the US government. His remarks on Monday contrast sharply with US President Donald Trump’s message. After a call with Qatar’s prime minister, Trump said he sees positive momentum toward ending the conflict and that renewed US military action looks unlikely. He also said Gulf states would prefer to keep the current US naval blockade of Iran in place, alongside a new effort to choke off Iran’s land routes.Tehran first conveyed its seven conditions to Washington through Qatari mediators in September. Rezaei has not published the full list, but he has named three central demands: an end to the war on all fronts, the release of frozen Iranian funds and an end to the US naval blockade. Iran has also said it will not reopen the Strait of Hormuz to normal traffic until those conditions are met, and that this point is not up for negotiation.Denials of talks have become a recurring feature of the conflict. Iranian officials have repeatedly rejected US and media reports of negotiations, at times accusing Washington of using such reports to move oil and financial markets. Iran has, however, acknowledged that messages continue to pass through mediators including Qatar and Pakistan.For oil, the comments are a reminder that the two sides remain far apart. Trump’s description of a status quo built on the blockade runs directly against Iran’s demand that the blockade be lifted first. That leaves little sign of a near-term path to restoring normal flows through Hormuz, even if the risk of renewed large-scale strikes has eased. Any rally in risk appetite built on de-escalation hopes could prove fragile while the standoff lasts. This article was written by Eamonn Sheridan at investinglive.com.