Trump warns Iran talks are ‘last chance’ to end war — oil prices rise as Tehran denies negotiations
President Donald Trump has warned that the latest round of negotiations with Iran is the "last chance" to bring an end to the five-month conflict. Trump...
Key points
- President Donald Trump has warned that the latest round of negotiations with Iran is the "last chance" to bring an end to the five-month conflict.
- Trump told reporters in the Oval Office late on Monday that talks are "going on right now," at the request of Iran, Saudi Arabia, the United Arab Emirates, Qatar and others.
- In a Truth Social post earlier on Monday, Trump described Iran's leaders as "unbelievably duplicitous" and accused them of lying about peace talks that are underway, "whether Iran wants to admit it or not." Iranian foreign ministry spokesperson Esmail Baghaei had again poured cold water on the notion of direct negotiations with the United States.
- Baghaei told a press conference on Monday that there is no immediate plan for negotiations with the U.S., reiterating that Tehran is currently only engaged in talks with Oman regarding the Strait of Hormuz.
What happened
President Donald Trump has warned that the latest round of negotiations with Iran is the "last chance" to bring an end to the five-month conflict. Trump told reporters in the Oval Office late on Monday that talks are "going on right now," at the request of Iran, Saudi Arabia, the United Arab Emirates, Qatar and others. In a Truth Social post earlier on Monday, Trump described Iran's leaders as "unbelievably duplicitous" and accused them of lying about peace talks that are underway, "whether Iran wants to admit it or not." Iranian foreign ministry spokesperson Esmail Baghaei had again poured cold water on the notion of direct negotiations with the United States. Baghaei told a press conference on Monday that there is no immediate plan for negotiations with the U.S., reiterating that Tehran is currently only engaged in talks with Oman regarding the Strait of Hormuz. It came after the president decided to call off "massive attacks" on Iran to allow for talks he said were starting on Monday. Analysts at Goldman Sachs said in a Tuesday note that traders are pricing "only a moderate risk premium despite still very high uncertainty about Mideast supply." "We assume Brent stays in its...