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Trump sees 'good chance' of progress in Iran talks
The Hindu··28 Jul
US President Donald Trump voiced optimism about a negotiated peace with Iran on Monday as both sides held fire for a third day, though Tehran denied it was in talks with Washington. Iran's Foreign Minister discussed security of the Strait of Hormuz, which Iran has controlled since the war began on February 28, in calls with Saudi and Omani counterparts.
Prism
What It Means For You
- Anyone tracking fuel prices can note that oil dipped as markets grew hopeful a pause could lead to lasting peace.
- Travellers and shipping companies watching the Strait of Hormuz get a sense of whether disruptions might ease soon.
- It shows how intertwined the Iran and Ukraine conflicts have become in shaping US diplomatic priorities this week.
What's Happening
- Trump said there is a good chance of progress in talks with Iran as both sides held fire for a third day.
- Iran denied being in direct talks with the US, while its foreign minister discussed Hormuz Strait security with Saudi and Omani counterparts.
- Oil prices fell about 1 percent, with Brent crude near 87.82 dollars a barrel, on hopes of a diplomatic resolution.
Two Wars, One Week, Two Different Trump Relationships
- Trump is set to host both Netanyahu and Zelenskiy on Tuesday, with his ties to each leader currently very different.
- Israel said it intercepted a drone near the Jordanian border and is investigating its origin.
- Iran executed two men this week over charges linked to nationwide protests in January.
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