07:49 PM EDT, 06/05/2026 (MT Newswires) -- The US and Iran remained at an impasse heading into the weekend, with Tehran insisting on a ceasefire in Lebanon before reaching any deal and demanding the unfreezing of $24 billion in assets, Bloomberg reported Friday.

Iran's Foreign Minister Abbas Araghchi said there had been "no tangible progress" in talks, while a military adviser to Supreme Leader Ayatollah Khamenei told CNN "the ball is in Trump's court," according to the report.

President Trump struck an optimistic tone Friday, telling reporters "we're having great success with Iran," while oil prices fell more than 2% with US crude trading near $90 a barrel, Bloomberg said.

No commercial transits through the Strait of Hormuz were observed Friday morning, the report added.