Trump Announces Iran Negotiations to Resume After Delayed Strikes
U.S. President Donald Trump announced that negotiations with Iran will begin on Monday, following his decision to halt new military strikes against the country. This move has reignited hopes for a diplomatic resolution to the conflict, which has significantly disrupted global energy markets. In other developments, a U.K.-based maritime agency reported an explosion near a vessel close to Khasab, Oman—near the Strait of Hormuz—a region critical to global oil shipments. Analysts remain cautious about potential military flare-ups that could derail diplomatic efforts and further impact crude prices, which have been highly volatile since early March. Meanwhile, Japan's finance ministry confirmed its first joint yen-buying intervention with the U.S. Treasury in 28 years after the currency hit a 40-year low.
Topics: energy security Middle East tensions U.S.-Iran negotiations