US President Donald Trump has revealed that new negotiations with Iran are set to begin on Monday, following his decision to call off what he described as "massive" military strikes.
Speaking aboard Air Force One, Trump explained that Iran and regional US allies had requested a pause on attacks, believing that key terms of a potential agreement were in place. "We're talking to them in the form of a negotiation. It begins tomorrow afternoon," he said.
Trump also noted that Saudi Arabia's Crown Prince Mohammed bin Salman, along with partners from the United Arab Emirates and Qatar, urged restraint over the weekend. "We were all set to go," he stated, adding that there is a deal in the works concerning the Strait of Hormuz and nuclear issues.
Global oil markets responded swiftly to the announcement, with Brent Crude prices dropping by 4.5% to $83.98 and US crude falling 4.6% to $80.74 during Asian trading hours. This volatility reflects ongoing concerns about shipping disruptions through the Strait of Hormuz, a critical passage for around 20% of the world’s crude oil and liquefied natural gas supply.
Meanwhile, Iran’s semi-official Mehr news agency denied claims that Tehran requested a halt to US military action, dismissing the statements as "nothing but a new lie." Iranian Foreign Minister Abbas Araghchi indicated that talks with Oman over a Hormuz agreement are progressing toward finalization.
Trump refrained from specifying the location or participants of Monday’s talks but emphasized that the previously planned strikes could have been the "biggest attack since World War II," potentially jeopardizing diplomatic efforts. He declined to confirm if Iranian energy infrastructure was targeted, a move some international law experts warn could constitute a war crime.
Iran’s acting Defence Minister Majid Ibn al-Reza acknowledged the seriousness of threats against Tehran, asserting that the country remains vigilant and prepared.
Throughout the conflict, Trump has oscillated between stern military warnings and calls for diplomacy. Earlier posts included strong rhetoric about being "locked and loaded" for action, while also highlighting the benefits of pursuing peace for both global stability and Iran’s future prosperity.
Previous attempts at dialogue, including historic talks in Pakistan led by Vice-President JD Vance, have yet to yield a lasting resolution. Public opinion in the US remains divided, with many expressing dissatisfaction over the conflict’s management ahead of upcoming elections.