Trump suggests new talks with Iran to begin on Monday
US President Donald Trump says new negotiations with Iran will start on Monday after calling off a massive planned military strike, following appeals from Middle Eastern allies.
Stock photo for illustration only, not from the actual event
- Donald Trump announced that fresh talks with Iran are scheduled to begin on Monday.
- The US canceled what Trump described as the biggest military strike since World War II.
- Global oil prices dropped sharply during Monday morning trading across Asia.
- Saudi Arabia, the UAE, and Qatar urged the US president against launching weekend strikes.
US President Donald Trump has stated that new talks with Iran will commence on Monday, following his decision to call off what he termed would have been massive military strikes against the country. The developments come amid an ongoing conflict that began on February 28.
Trump noted that Saudi Arabia's Crown Prince Mohammed Bin Salman, alongside US regional partners including the United Arab Emirates and Qatar, had strongly urged him against conducting military strikes over the weekend. Meanwhile, Iran has yet to issue an official response to the US president's remarks.
Stock photo for illustration only, not from the actual event
Following Trump's announcement, global oil prices fell during Monday morning trading in Asia. Brent Crude oil dropped by 4.5% to $83.98 (£62.26) per barrel, while US-traded oil registered a 4.6% decline down to $80.74 (£59.85).
Energy markets have remained volatile since the conflict started due to disruptions affecting shipping through the Strait of Hormuz. Approximately 20% of the world's crude oil and liquefied natural gas typically passes through the critical waterway. On Sunday, Iranian Foreign Minister Abbas Araghchi stated that ongoing negotiations with Oman regarding a deal on the Strait were on track for finalization, according to Iranian media reports.
The Strait of Hormuz is recognized as one of the most vital maritime choke points for global energy supplies. Disruptions in this region consistently trigger immediate reactions across international financial markets, making diplomatic interventions critical for stabilizing oil prices and averting wider economic fallout.
While speaking to reporters on Air Force One, Trump emphasized that the canceled strikes would have constituted the largest attack since World War II and could have permanently derailed prospects for a negotiated peace. He declined to answer whether the planned operations targeted Iranian energy infrastructure, which international law experts warn could amount to a war crime.
"We will neither be caught off guard nor remain passive."
Donald Trump
Previously, the US administration warned on April 7 that a whole civilization would face destruction if Tehran refused peace negotiations, a threat that previously led to historic face-to-face talks in Pakistan led by Vice-President JD Vance, though those discussions ultimately failed to yield a formal agreement.
Source: BBC World
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