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World News August 3, 2026

Trump says Iran talks to take place Monday, sets no deadline for deal

U.S. President Donald Trump said negotiations with Iran will begin Monday, following requests from Saudi Arabia, the United Arab Emirates and Qatar to avoid planned strikes as they believe a deal could be reached. Trump said discussions would focus on the Strait of Hormuz and Iran’s nuclear program, while expressing a preference for diplomacy over further conflict.

The announcement helped ease market concerns, with oil prices falling in early Asian trading. Meanwhile, Iran said talks with Oman over a new maritime route through the Strait of Hormuz were progressing, though officials stressed the discussions were separate from decisions about reopening or closing the strategic waterway.

Tensions remain high after a tanker reported an explosion near the Strait of Hormuz, although the vessel and crew were unharmed. Iranian officials said mediators are working to revive previous U.S.-Iran agreements and move toward broader negotiations, but the outcome remains uncertain amid ongoing disputes and recent military tensions.

Credit : CGTN

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