Trump agrees more Iran talks but truce over
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Trump agrees more Iran talks but truce over

The Hindu··12 Jul

US President Donald Trump said on Friday he agreed to further negotiations with Iran while repeating that the ceasefire was over. Iran buried former Supreme Leader Ali Khamenei in Mashhad as strikes continued. Foreign Ministry spokesperson Esmaeil Baghaei said Tehran had not requested US talks but accepted a Qatari mediator visit. More details may follow soon.

Prism

What It Means For You

  • China's temporary helium export ban announced Friday can affect semiconductor and AI hardware supply chains that depend on the gas.
  • Gulf air raid sirens and missile exchanges this week affect travel and business continuity across Bahrain, Kuwait, Qatar, and Jordan.
  • Oil market forecasts for a 2027 surplus may shift if US-Iran clashes continue through July.

What's Happening

  • Donald Trump said Friday he agreed to further negotiations with Iran while repeating that the ceasefire was over.
  • Iran buried former Supreme Leader Ali Khamenei in Mashhad as US and Iranian strikes continued.
  • Foreign Ministry spokesperson Esmaeil Baghaei said Tehran had not requested US talks but accepted a Qatari mediator visit.

Talks Amid Live Fire

  • Qatari negotiators were in Tehran to de-escalate tensions and address Hormuz disputes under the June memorandum.
  • China announced a temporary helium export ban on July 10 citing West Asia conflict risks to chip manufacturing.
  • A US official said technical talks with Iran were continuing despite this week's exchanges of fire.
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