GeopoliticsIMPORTANT

Iran pressed to make nuke concessions as massive post-midterms strikes loom, reports Axios citing sources

ORIGINAL · NewsquawkIran pressed to make nuke concessions as massive post-midterms strikes loom, reports Axios citing sourcesRead originalHide original

Trump told Axios on Wednesday that talks with Iran are under way via mediators, but said he is unsure whether they will succeed. Mediators are warning Iran that accepting the proposals may be its only way to avert major attacks after the midterms, according to a regional source and a US official. The White House has told mediators it will give its view on the proposed deal once it knows whether Iran accepts, the regional source said. If Iran lets UN inspectors visit its nuclear sites, it could get waivers to sell oil and access to some frozen funds for food and other humanitarian goods, per the regional source. Without a last-minute deal, a renewed bombing campaign looks likely soon after the midterms; US and Israeli officials say it is expected to involve a week of heavy strikes on Iranian leadership, energy, nuclear and infrastructure targets.

StockNow breaking-news AI analysis

The report describes mediated Iran talks, conditional economic relief tied to UN inspections, and officials’ expectation of possible post-midterms strikes if no deal is reached.

News detail

Trump told Axios on Wednesday that talks with Iran are under way via mediators, but said he is unsure whether they will succeed. Mediators are warning Iran that accepting the proposals may be its only way to avert major attacks after the midterms, according to a regional source and a US official. The White House has told mediators it will give its view on the proposed deal once it knows whether Iran accepts, the regional source said. If Iran lets UN inspectors visit its nuclear sites, it could get waivers to sell oil and access to some frozen funds for food and other humanitarian goods, per the regional source. Without a last-minute deal, a renewed bombing campaign looks likely soon after the midterms; US and Israeli officials say it is expected to involve a week of heavy strikes on Iranian leadership, energy, nuclear and infrastructure targets.

What do investors think?

Curious what other investors think?Log in to see reactions and join the conversation.
Log in to view reactions

StockNow uses AI to translate and analyze information and does not guarantee its accuracy or completeness.

Today's market highlights

A selection of stories drawing attention in the market.

See more