There are conflicting accounts about whether or not the United States and Iran are talking about ending the war, inflicting confusion in monetary and power markets. Here’s what we all know.
What has Trump stated?: On Saturday, Trump threatened to “obliterate” Iran’s energy crops if the Strait of Hormuz was not reopened inside 48 hours.
But on Monday, Trump abruptly introduced a five-day pause on these strikes, claiming that the US had held “productive conversations” with Iran.
Later, Trump instructed CNN that Iran needed to “make a deal.” He claimed the US had spoken to a “top person” in Iran’s regime, with out saying who, and that there have been “major points of agreement,” with out elaborating.
What was Iran’s response?: Iran denied any talks with the US. As studies circulated that the US had liaised with Mohammad Bagher Ghalibaf, the speaker of Iran’s parliament, Ghalibaf himself denied the rumors.
“No negotiations have been held with the US, and fakenews (sic) is used to manipulate the financial and oil markets and escape the quagmire in which the US and Israel are trapped,” he wrote on X.
But on Tuesday, an Iranian source instructed CNN there had been “outreach” between the Washington and Tehran, and that Iran is keen to take heed to “suitable” proposals to finish the war.
What would Iran need from a deal?: Having twice been bombed by the US and Israel whereas talks have been ongoing, Tehran will wrestle to belief Washington, in keeping with Sanam Vakil, director of the Middle East and North Africa program at Chatham House.
“The Iranians have been ‘Trumped’ twice now,” Vakil instructed CNN. “They will be extremely skeptical.”
Iran will need “credible assurances” that it’ll not be attacked by both the US or Israel, she added.
Iran’s president, Masoud Pezeshkian, has beforehand stated that Iran’s situations for ending the war embody compensation for the destruction. Iran has additionally insisted that it’ll not relinquish its missile and drone arsenals or trade, which Trump had pledged to “raze … to the ground.”
How have others responded?: Some are seizing on the faint prospects for diplomacy. Turkey’s Foreign Minister Hakan Fidan has spoken with Iran and Egypt, as properly as the US and European Union, about ending the war, a Turkish diplomatic source instructed CNN.
Meanwhile, Pakistan says it’s “ready to host talks” between the US and Iran. Sources instructed CNN that Vice President JD Vance might attend proposed talks in Islamabad this week.
But Israel is displaying little signal of wanting to finish the war – both in opposition to Iran, or in opposition to Hezbollah in Lebanon. An Israeli source stated a deal to finish the Iran war was not “tangible right now.”
