Trump Says He Is Highly Unlikely to Order Iran Strikes if Talks Progress - BusinessWorld Online
Oil prices fell as Trump said fresh strikes on Iran are highly unlikely if negotiations produce a strong agreement.
- On Sunday, President Donald Trump stated fresh military strikes on Iran are "highly unlikely" while negotiations to end the conflict proceed, despite ongoing maritime incidents in the Strait of Hormuz.
- Iran submitted a nuclear proposal to Washington through Qatar on Thursday, though discussions remain stalled over Tehran's demands for sanctions relief and access to frozen assets.
- Markets reacted Monday as Brent crude fell 0.64 per cent to US$97.67 per barrel; both nations reported damaged vessels in the Gulf of Oman where "unauthorized route" passages triggered military engagement.
- Vice President JD Vance, seen as a potential successor to Trump, claimed "The reason we lost is the war," while Trump later noted that "a lot of people did not like Vance's comments on Iran."
- Secretary of State Marco Rubio remains skeptical of an imminent breakthrough, noting that some Iranian demands are "outrageous," while Trump warned the United States has identified 38 infrastructure targets for potential military action.
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34 Articles
Trump's statements have boosted expectations for a deal with Iran, although Washington's reservations and new Houthi attacks on Saudi Arabia maintain uncertainty.
Oil prices fell today as gold benefited after US President Donald Trump reduced the likelihood of new attacks on Iran, despite the continuing dangers in Hormuz.
Trump says fresh Iran strikes unlikely if peace talks progress
US President Donald Trump said on Sunday he was highly unlikely to order fresh attacks on Iran as long as talks to end the conflict progress, even as both countries reported that shipping had been hit in or near the Strait of Hormuz. “It depends on whether or not they sign a very strong agreement,” […]
Oil prices declined slightly at the beginning of today's Monday dealings, following statements by US President Donald Trump that reduced the likelihood of new attacks on Iran, as negotiations to end the war continued to advance.
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