According to CoinMeta, as Iran ruled out negotiations to extend the memorandum of understanding with the United States, crude oil prices rose slightly on Monday. U.S. crude oil futures increased by 0.76% to $83.03 per barrel, while Brent crude oil rose by 0.92% to $89.33 per barrel. Iranian Foreign Ministry spokesman Esmail Baghai stated that Iran would not engage in any negotiations and accused the United States of violating the memorandum of understanding from the start, hence the 60-day deadline is no longer relevant.