Geopolitics

Trump says we are having deep talks with Iran, N12 reports; "I'm not giving much time to negotiations - either it will move quickly or it won't happen at all"

StockNow breaking-news AI analysis

Trump confirms deep talks with Iran, pausing strikes at mediators' requests. Markets reacted with lower oil prices and higher stocks, though military threats remain if quick progress isn't made.

News detail

"We are having very deep talks with Iran. If they are not successful, we will go back to very powerful military action," Trump said. "Everyone involved in the negotiations with Iran has asked me: 'Don't shoot,'" Trump said, emphasising that he believes the Iranians want to reach a deal. “There’s nothing to gain and nothing to lose,” Trump said when explaining why he agreed to the mediators’ request. He said that since he paused the strikes, oil prices have fallen and stock markets have risen. The president explained that he had granted the request of the mediators who asked him to provide an opportunity for negotiations.

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