Trump Announces Iran Talks Set for Monday Amid Hormuz Negotiations
US President Donald Trump announced that talks with Iran will take place on Monday, as negotiations over the Strait of Hormuz continue between Tehran and Oman (thehindu.com). The Iranian Foreign Minister, Abbas Araghchi, confirmed that the discussions were in their final stages (thehindu.com). Earlier, Trump had threatened to escalate tensions but later called off an imminent attack to allow more time for diplomacy (theguardian.com).
The US president did not specify the location or participants of the Monday meeting, though he expressed confidence in reaching a deal to reopen the strategic waterway (theguardian.com). Trump also mentioned that the canceled attack would have been the largest since World War II, acknowledging the decision to hold off after consultations with allies (independent.co.uk).
Gold prices rose on Monday as oil prices fell, reflecting market relief over the decision to avoid military action and pursue a diplomatic resolution (nst.com.my). Meanwhile, Trump reiterated his commitment to a swift agreement, though no deadline was set for the talks (smh.com.au). The situation remains fluid, with both sides working toward a potential breakthrough.
