Oil back above $100 as conflicting reports emerge on US-Iran talks
Stock markets had originally rebounded on Monday said Trump said he would hold off strikes on Iran.
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Stock markets had originally rebounded on Monday said Trump said he would hold off strikes on Iran.
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The last time Eric Idle’s “Monty Python and the Holy Grail” spoof musical “Spamalot” landed at a major L.A. venue a decade ago, he played the show’s tweedy historian, who sets the scene for the Arthurian legend with a seriousness entirely unfit for the absurdist romp to follow.
It was a perfect role for the “Monty Python’s Flying Circus” alum, to whom dry humor comes as naturally as breathing.
But when “Spamalot” makes its long-awaited return to L.A. Tuesday at the Hollywood Pantages, Idle will take the stage only briefly, and not as a cast member. His job is to pop on and “say something funny or rude, which sadly, comes quite easy to me,” he said in a recent interview at Written Hand cocktail lounge, located just north of the theater.
Over a margarita and a few chef’s olives, Idle recounted his earliest forays into comedy, his legendary run and subsequent break with his former “Monty Python” castmates, and why “Spamalot” arrives in L.A. at the perfect time.
Explaining his scaled-back involvement in this iteration of his meta-musical, Idle said that at the golden age of 82, “I can’t do anything eight times a week” — though his agenda that day begged to differ.
He’d woken up around 6 a.m. for his daily writing session, powered through a meeting with his book publisher and capped off the sunlight hours with some “Spamalot” promos and a photoshoot, all before sitting down to dinner.
Though his admin tasks may tire him, Idle said comedy never does. Recently, he ran into the actor who plays King Arthur in the Pantages production at their hotel bar and asked him for notes on the script.
“He said, ‘There’s one speech.’ I said, ‘I know exactly which one it is,’” Idle recalled. “Every time I hear it I go, I must rewrite that.”
So Idle workshopped it — did the algebra, as he described it — and wound up with a new, zingier joke he preferred. Reciting it at the dinner table, Idle snapped his fingers in time with the punchline.
“I’ve done it 62 years. It still fascinates me,” he said.
Idle’s lifelong fixation on comic craft began in his teenage years, when he saw “Beyond the Fringe,” the seminal British comedy stage revue that acted as a precursor to both “Monty Python” and “Saturday Night Live.”
“I didn’t know you could laugh at the monarchy, at religion, at the army, at the war,” Idle said, adding that he immediately purchased the sketch group’s record and learned all their bits.
From that moment, he said, “I wanted desperately to do comedy.”
“I love musical theater. I miss it,” Eric Idle said.
(Jason Armond/Los Angeles Times)
First with the Cambridge Footlights and later with the Pythons, Idle honed a linguistically-focused style that bridged highbrow absurdity and accessible, pop culture-driven humor. Then in the ’80s, he unlocked an affinity for musical theater while playing Ko-Ko in Jonathan Miller’s “The Mikado.”
Over the years, it became an established tradition that Ko-Ko rewrite his patter song, “I’ve Got a Little List,” to keep the operetta’s satire topical.
When Idle penned his own rewrite, he recalled thinking, “Woof, I like this.”
“It made me realize that I could write funny songs quite quickly,” he said. That epiphany in turn led him to meet with John Du Prez, who became the composer for “Spamalot.”
Idle and DuPrez wrote some 40 songs for the musical, many of them at a small studio in the Valley which they dubbed Killer Rabbit Studios. The idea was to compose a show that even those who weren’t “Monty Python” fans would enjoy, with hints of romance and sincerity absent from the source material.
Famed stage and screen director Mike Nichols made judicious cuts, Idle said, though occasionally changed his mind.
In an April 23, 2004, journal entry published in Idle’s 2024 book “The Spamalot Diaries,” the comic writes: “Mike also confesses to a dislike for the Knights of Ni, but when we act it out together, i.e. I say ‘Ni!’ and he pretends to be scared, it gets us both laughing uncontrollably and he is now convinced that it works.”
“I learned so much,” Idle said as he reminisced about those early years engineering the musical, which has appeared twice on Broadway and won three Tony awards during its inaugural run, including for best musical and direction. “I think it was the best fun of my life.”
The current “Spamalot” tour coming to the Pantages on Tuesday through April 12 remains a farce “lovingly ripped off” from “Monty Python” and featuring all the classic bits — flying cows, killer rabbits and the Lady of the Lake — but revamping its stage production with updated scenic and projection design by Paul Tate dePoo III. With Josh Rhodes directing, the new show brings a fresh take on the 2023 Broadway revival.
Idle said he’s especially excited to host a Saturday matinee attended by students from the Fernando Pullum Community Arts Center, which provides performing arts education to South-Central L.A. youth.
Each “Spamalot” production at the Pantages has been great, Idle added, but with all the upgrades, this one is “smashing.”
And it comes to L.A. at a critical time when joy is hard-fought, he said.
The Broadway revival of “Spamalot” opened in 2023 at New York’s St. James Theater.
(CJ Rivera / Invision / Associated Press)
“People really love this show because it makes you happy,” Idle said. “And these are the times when we need it really badly, because somehow, we’re being oppressed all the time.”
Despite his English roots, Idle after living in the U.S. for several decades is firmly entrenched in the country’s politics. As he’s watched the Kennedy Center drama unfold and arts infrastructure unravel, he said sitting among laughing audiences has been a balm — for himself and many others.
“It always goes well in a Republican war,” Idle observed about his show. “We opened during Bush and Cheney, when all these people were going off to war, and [‘Spamalot’] is about going off to war, really, rounding up the knights.”
It helps that the play’s script allows its actors to break the fourth wall and improvise dialogue that more closely speaks to the audience’s present moment.
As Idle talked about his show, he swelled with the same pride he said he has when he looks back on his time with the Monty Python troupe: “it makes me feel so warm towards them.”
“But those aren’t the same people we are now,” he said.
Preexisting tensions among the Pythons boiled over in recent years because of financial disputes, including a 2013 lawsuit over “Spamalot” royalties. Idle has for more than a decade been largely estranged from his former collaborators, but said he prefers not to linger on that fact.
“I think we were good, I really do,” he said, and that made for a great life. “But it doesn’t make you brothers.”
“Monty Python’s Flying Circus” original cast members John Cleese, from left, Terry Gilliam, Terry Jones, Graham Chapman, Michael Palin and Eric Idle pose on a beach.
(PBS / Associated Press)
Even while Idle was still with the troupe, being its only unpartnered writer made him feel distant from them, he said. It’s what he and Beatles lead guitarist George Harrison bonded over when they met.
“He was between two powerful people, and I was between two powerful groups,” Idle said. “So we played not dissimilar roles.”
The pair remained close until Harrison’s death in 2001.
“The worst thing about getting old is you lose all your friends,” Idle said somberly.
He wasn’t ready for Catherine O’Hara to go, nor Rob Reiner, who bade Idle a poignant farewell at a recent L.A. party.
The last thing the beloved director said to Idle was, “Goodnight, I’ll see you next year,” he recalled.
After dinner, Idle slung his Holy Grail-shaped bag — made by his daughter and lined with Spam-printed fabric — over his shoulder and left a voicemail for a friend he regularly jams with in L.A.
“Hey, Alex, I’m just finished what I was doing. I’m down by the Pantages. If you fancy a ding dong, give me a call. Otherwise, I’ll just head home.”
Gold’s reputation over the past year as the go-to refuge in a crisis is taking a battering as war rages and threatens to expand in the Middle East and financial markets buckle.
Spot gold plunged to a 2026 low near $4,100 in early trading on Monday before recovering sharply to above $4,400 after US President Donald Trump announced he was postponing military strikes against Iranian power plants for five days following “very good and productive conversations” with Tehran — a swing of around $300 in the space of hours.
The metal has still shed more than 20% since hitting a record high of $5,594.82 an ounce on 29 January.
Silver has lost nearly half its value since hitting an all-time high of $121.67 in January, in one of the more violent collapses in the precious metal’s modern history.
Spot silver was down 8.9% at $61.76 — a year-to-date low and almost half of its $117 level on 28 February, when the Iran war began.
The counterintuitive sell-off has rattled investors who piled into precious metals expecting them to hold firm.
The dollar dropped against the euro after Trump’s comments and traded around $1.1572 to the euro on Monday afternoon, while the pound was up at a rate of $1.3341. The yen traded at around ¥159.47 per dollar.
The main culprit is the oil shock. As crude surges past $100 a barrel, bond yields are climbing and the US dollar is strengthening, making precious metals far less attractive to investors bracing for higher interest rates.
The dollar has emerged as one of the clearest safe-haven winners, strengthening over 2% so far this month.
For a non-yielding asset like gold, that is a double blow.
The prospect of higher interest rates as a result of the war is also boosting government bonds among investors, at the expense of precious metals.
Yet seasoned observers urge caution before declaring the gold story over.
Russ Mould, investment director at AJ Bell, points out that gold is in the middle of only its third major bull run since 1971 and that the previous two also caused stomach-churning fluctuations.
“Neither interest rates staying higher for longer nor a stronger dollar may help the investment case for precious metals, but both the 1971-1980 and 2001-2010 bull runs saw several retreats which did not ultimately nullify or prevent major gains,” Mould said.
“So it may be too early to give up on gold just yet,” he continued.
During the first bull run, triggered by Richard Nixon’s decision to decouple the dollar from the gold standard in 1971, gold surged from $35 to a peak of $835 an ounce by January 1980, but not before enduring three mini bear markets and five corrections of 10% or more along the way.
The second run, which began in 2001 amid the wreckage of the dotcom bust and gathered pace through the 2008 financial crisis, was equally volatile, featuring two bear markets and another five double-digit corrections before gold peaked near $1,900 in 2011.
This third advance has been no smoother.
“A swoon of more than 20% caught some bulls off guard in 2022, as the world emerged from lockdowns, and 10%-plus corrections in each of 2016, 2018, 2020, 2021 and 2023 [gold peaks] warned that volatility was never far away,” Mould noted.
The paradox at the heart of the current sell-off is that the very crisis that might once have sent investors flooding into gold is now working against it.
Rising oil prices fuel inflation fears, inflation fears fuel expectations of higher interest rates and higher rates make gold — which pays no dividend and costs money to hold — less appealing.
“Gold’s status as a haven may now be tarnished in the eyes of some,” Mould said, “as the precious metal is falling in price even as war roils the Middle East and financial markets alike.”
But not everyone is convinced the metal’s moment has passed.
The inflation and stagflation of the 1970s, partly triggered by the oil shocks of 1973 and 1979, ultimately made gold the standout portfolio pick of that decade.
A prolonged conflict that stretches government finances — pushing welfare costs up and tax revenues down, on top of surging defence spending — could yet revive that dynamic.
If central banks respond to recession with fresh rate cuts and quantitative easing, the case for gold as a store of value comes roaring back.
“The war in Iran and its effect on oil and gas prices is stoking fears of inflation and how that could force central banks to raise interest rates,” he concluded.
Energy prices fall and stock markets rebound after the US president says “very good and productive” talks have been held.
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With US-Ukraine talks set to resume in Florida, Volodymyr Zelenskyy warns that Russia is increasing its oil revenues through shadow fleets.
President Volodymyr Zelenskyy has urged allies to keep up sanctions pressure on Russia’s economy ahead of a second day of talks between Ukraine and United States officials on ways to end the more-than-four-year Russia-Ukraine war.
Russia’s representatives were not present at the talks, which opened on Saturday in Florida. They were originally expected to attend the negotiations, which had been due to take place in the United Arab Emirates, before the US-Israeli war on Iran.
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The US delegation is being led by special envoy Steve Witkoff and Jared Kushner, US President Donald Trump’s son-in-law.
In a post on X on Sunday, Zelenskyy called for tougher action against Moscow’s so-called shadow fleet of tankers and for it to be denied oil revenues.
“Over the past week, Russia launched nearly 1,550 attack drones against Ukraine, more than 1,260 guided aerial bombs, and two missiles. Over that same week, due to the easing of sanctions, Russia increased its crude oil sales to finance its war,” Zelenskyy wrote.
“Revenues give Russia a sense of impunity and the ability to continue the war. That is why pressure must continue, and sanctions must work. Russia’s shadow fleet must not feel safe in European waters or anywhere else,” he said.
The Ukrainian president added that tankers that “serve the war budget can and must be stopped and blocked, not just let go”.
The so-called shadow fleet is a network of vessels that continue to export oil and gas despite Western sanctions due to the ongoing war with Ukraine.
Last week, the French Navy seized an oil tanker in the Western Mediterranean, which France’s President Emmanuel Macron said was part of Russia’s shadow fleet, a network of vessels used to export oil despite Western sanctions.
The shadow fleet, which has grown following Western sanctions on Russia aimed at curbing Moscow’s oil revenues, has helped to keep Russian oil exports flowing.
The last time the Ukrainian and Russian delegations met was in February in the Swiss city of Geneva, but no progress was made, as key issues surrounding territory remain unresolved.
Moscow has repeatedly said it will not agree to a peace deal that gives up the Ukrainian territory it has captured during the war. In contrast, Kyiv has said it will not agree to a deal that does not lead to the return of its territory.
Elements of the peace plan being promoted by the US include a presidential election in Ukraine, alongside territorial concessions.
Zelenskyy, whose term has already expired, is under renewed pressure from Trump to hold a vote as Washington pushes Kyiv towards a peace deal.
Ukrainian law bars wartime elections, but Zelenskyy has said Ukraine would be ready to hold democratic elections if the US secured a two-month ceasefire to allow time to prepare infrastructure and put security guarantees in place.
Volodymyr Zelenskyy says ‘clear dates’ needed as Ukrainian negotiators prepare for discussions in US.
Ukraine’s President Volodymyr Zelenskyy says Ukrainian negotiators will push for a clear timeframe for the next round of Russia talks, as diplomatic efforts to end the conflict have been paused amid the US-Israeli war on Iran.
Speaking to reporters on Friday, Zelenskyy said Kyiv wants “clear dates – at least approximate ones” for the negotiations.
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“Everyone understands that the situation in the Middle East, the war, is affecting the postponement of this date,” he said.
Zelenskyy’s comments come as Ukrainian negotiators are set to hold talks in the United States on Saturday on US-brokered attempts to reach an agreement to end the more than four-year Russia-Ukraine war.
Previous rounds of negotiations between Kyiv and Moscow in Geneva and Abu Dhabi failed to yield a breakthrough.
The main sticking point has been territory, with Russia pushing for Ukraine to give up the remaining 20 percent of the eastern region of Donetsk that Russian forces have failed to capture.
Kyiv has refused that demand while calling for robust security guarantees from its Western allies to prevent any other Russian attack should an agreement to end the war be reached.
“We have received signals from the US side indicating readiness to continue working within the existing negotiation formats to bring an end to Russia’s war against Ukraine,” Zelenskyy said in a social media post on Thursday.
“There has been a pause in the talks, and it is time to resume them. We are doing everything to ensure that the negotiations are genuinely substantive.”
A senior Kremlin official indicated on Friday that a new round of US-mediated negotiations between Moscow and Kyiv will likely take place soon.
“The pause is temporary, we hope it’s temporary regarding the continuation of the trilateral format,” he said.
Amid the Iran war, Ukraine’s European allies have sought to reassure Kyiv that their attention remains focused on maintaining pressure on Russia to end the war.
“There is obviously a conflict in Iran going on, in the Middle East, but we can’t lose focus on what’s going on in Ukraine and the need for our support there,” British Prime Minister Keir Starmer said this week after meeting with Zelenskyy in London.
European countries also have raised concerns about a decision by US President Donald Trump’s administration to waive sanctions on some Russian oil supplies in a bid to offset soaring energy costs linked to the Iran war.
On Friday, Zelenskyy said Ukrainian officials at the US talks on Saturday would discuss the recent “dangerous” decision to ease those sanctions on the Russian energy sector.
Iran’s Foreign Minister Abbas Araghchi says Tehran never sought a ceasefire with the US, and is ready for a long war.
MEXICO CITY — Cuba has begun direct talks with the United States in an effort to solve “bilateral differences” between the two countries, Cuban President Miguel Díaz Canel said Friday.
The comments, broadcast nationwide in Cuba, are the first confirmation of bilateral talks between two governments that have been fierce adversaries for almost 70 years, since Fidel Castro’s revolution toppled the U.S.-backed dictator Fulgencio Batista.
What exactly the talks are about remains unclear, but the Trump administration—which has choked off oil supplies to the island, triggering a severe energy crisis—has been insisting that Cuba’s communist government must change.
In a statement released on social media, Díaz Canel said, “The primary purpose of this conversation is, firstly, to identify the bilateral problems that require a solution—based on their severity and impact—and, secondly, to find solutions for these identified problems.”
Rumors of direct talks between the two nations have been circulating for months, but neither Washington or Havana had confirmed the talks until now.
On Tuesday, the Cuban ambassador to the United States, Lianys Torres Rivera, told The Times that the Cuban government was “ready to engage with the U.S. on the issues that are important for the bilateral relations, and to talk about those in which we have differences.”
Trump and Secretary of State Marco Rubio, the son of Cuban immigrants, have been insistent that the current government must change.
“It may be a friendly takeover, it may not be a friendly takeover,” Trump told Latin American leaders gathered in Florida on Saturday.
“It wouldn’t matter because they’re down to, as they say, fumes. They have no energy. They have no money. They’re in deep trouble,” Trump said.
Trump responded to the Cuban leader’s willingness to negotiate on Friday morning by amplifying a news article with the headline:”Cuba confirms talks with Trump officials, raising hopes for US deal.” He posted that on his Truth Social account.
Rolling blackouts, shortages of food and medicine, a lack of gasoline and other shortfalls have become everyday occurrences on the island, home to 10 million. Images of uncollected garbage rotting on Havana’s streets have been broadcast across the globe. A lack of jet fuel has bludgeoned the critical tourism sector.
“The status quo is unsustainable,” Rubio said last month. “Cuba needs to change…And it doesn’t have to be change all at once. It doesn’t have to change from one day to the next.”
The Cuban announcement comes 13 days after the U.S. attacked Iran and two months after U.S. forces, deployed by Trump, deposed Venezuelan President Nicolás Maduro, a longtime Cuban ally, and brought him to New York to face drug trafficking charges.
Miguel Diaz-Canel says discussions held to find solutions ‘through dialogue’ as Washington tightens oil blockade.
Cuban officials have held talks with the United States government to seek solutions to the crippling blockade imposed by Washington, President Miguel Diaz-Canel said, as the Trump administration’s threats to take over the Caribbean nation escalate.
“These talks have been aimed at finding solutions through dialogue to the bilateral differences we have between the two nations,” Diaz-Canel said in a video aired on national television on Friday.
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Diaz-Canel said “international factors have facilitated these exchanges”.
He said no petroleum shipments have arrived on the island in the past three months, which he blamed on the US energy blockade.
Critical oil shipments from Venezuela were halted after the US attacked the South American country and abducted President Nicolas Maduro.
Cuba’s western region was hit by a massive blackout last week, leaving millions without power.
The talks come days after President Donald Trump levelled his latest threat at Cuba, saying the White House’s plans for the Caribbean nation may include a “friendly takeover”.
Diaz-Canel added that Cuba, which produces 40 percent of its petroleum, has been generating its own power but that it hasn’t been sufficient to meet demand.
He said the lack of power has affected communications, education and transportation, and that the government has had to postpone surgeries for tens of thousands of people as a result.
“The impact is tremendous,” he said.
The president added that the aim was “to determine the willingness of both parties to take concrete actions for the benefit of the people of both countries”.
“And in addition, to identify areas of cooperation to confront threats and guarantee the security and peace of both nations, as well as in the region,” he said.
For decades, severe US economic sanctions on Cuba have crippled its economy and cut it off from global trade. In response, Cuba has depended on oil supplies from foreign allies, including Mexico, Russia and Venezuela.
WASHINGTON — Cuba’s top diplomat in Washington says Havana is prepared to enter diplomatic talks with the United States, reiterating the country’s willingness to engage even as tensions escalate with President Trump asserting that the island nation’s government could soon collapse.
“We are ready to engage with the U.S. on the issues that are important for the bilateral relation, and to talk about those in which we have differences,” Ambassador Lianys Torres Rivera, who leads Cuba’s mission in Washington, told The Times on Wednesday.
Any dialogue would need to respect Cuba’s sovereignty and its “right to self-determination,” the ambassador said.
“We are sure that it is possible to find a solution,” she said.
Her comments in a wide-ranging interview come at a particularly volatile moment for Cuba, which is under mounting economic pressure after the Trump administration imposed an oil blockade that has choked off the island’s energy supplies.
The measures have deepened a humanitarian crisis and prompted Cuban President Miguel Díaz-Canel to call for an “urgent” overhaul to the country’s economic model.
The situation in Cuba worsened after U.S. forces removed Venezuelan President Nicolás Maduro in January, allowing Washington to later cut off oil shipments from Venezuela to its longtime ally. The Trump administration later pressured other suppliers, including Mexico, to reduce deliveries.
“We are doing our best, and we are being very creative, but it has a serious impact,” Torres Rivera said of the blockade. “It is a collective punishment against the Cuban people.”
The White House this week framed Cuba’s worsening economic and humanitarian conditions as a potential opening to pressure Havana into negotiations.
“The country is obviously in a very weak place, economically speaking, the people are crying out for help, and the president believes and knows the Cuban regime wants a deal,” White House Press Secretary Karoline Leavitt said during a news briefing Tuesday.
Rep. Mario Diaz-Balart (R-Florida) told the Miami Herald on Wednesday that the Trump administration had been having secret, high-level conversations with several people in former President Raul Castro’s inner circle, a similar approach that was taken in Venezuela before Maduro’s capture. (The operation to seize Maduro killed 32 Cuban officers stationed in the country.)
Cuban President Miguel Díaz -Canel, fourth from right, holds up a Cuban flag during a rally in Havana on Jan. 16, 2026, to protest the killing of Cuban officers during the U.S. operation that captured Venezuelan President Nicolás Maduro.
(Ramon Espinosa / Associated Press)
Another report by the USA Today this week said the Trump administration was close to announcing an economic deal with Cuba that would ease travel restrictions, among other things. A representative with the Cuban government declined to comment on the report.
The White House has not specified what a deal may look like. But Trump has said the United States is interested in a “friendly takeover” and has suggested that the move would allow Cubans to visit the island, a place that many Cuban exiles have worried about returning to while the current regime is in place.
“It is just a question of time before a lot of unbelievable people are going back to Cuba,” Trump said at an event last week.
Several news outlets have reported that the Justice Department is examining possible federal charges against officials within Cuba’s government, a move that could prompt a change in the island’s government.
Torres Rivera said she is aware of the reports but said the “judicial accusations” are an “instrument of political coercion without any legitimacy.”
“It is not something we are losing sleep over,” she said.
As for the potential negotiations, Torres Rivera did not provide specifics but talked about restoring diplomatic ties somewhat to how they existed during the Obama administration.
“We are neighbors,” she said. “We have common challenges, common threats, and we can speak about all that, and we can speak on the basis of respect for each other’s sovereignty and each other’s right of self-determination. We are ready for that.”
President Trump has approached diplomacy with Cuba with a harsher tone.
“As we achieve a historic transformation in Venezuela, we’re also looking forward to the great change that will soon be coming to Cuba,” Trump said Saturday, one week after U.S. and Israeli forces attacked Iran and killed Supreme Leader Ayatollah Ali Khamenei.
He added: “Cuba’s at the end of the line. They’re very much at the end of the line. They have no money. They have no oil. They have a bad philosophy. They have a bad regime that has been bad for a very long time.”
Trump said that he has put Secretary of State Marco Rubio in charge of leading the talks with Cuba and that he believes a “deal would be made very easily with Cuba.”
Torres Rivera did not offer an opinion on Rubio being tapped to lead the negotiations. Rubio is the son of Cuban immigrants who came to Florida three years before Castro’s brother, revolutionary Fidel Castro, rose to power in 1959. She reiterated that Cuba is “ready to engage” in talks regardless of who is leading them.
“We are not talking about persons, we are talking about the government and we are ready to engage with the U.S. to talk about the very important issues that we have in bilateral relations,” she said.
G7 energy ministers will hold a call on Tuesday to discuss sharply rising energy prices triggered by the ongoing war in Iran, officials said. A separate call later in the day will see European Union leaders addressing similar concerns, reflecting heightened global anxiety over fuel supply and costs.
Oil prices surged to their highest levels since mid-2022 on Monday, driven by fears of reduced Gulf output and disruptions to tanker traffic through key shipping routes. Even before the Iran conflict, European energy prices were generally higher than those in the United States and China.
G7 finance ministers signalled readiness to take “necessary measures” in response to the price surge but did not commit to coordinated emergency releases of strategic oil reserves.
The G7, which includes United States, Canada, Japan, Italy, Britain, Germany, and France, will hold the call at 1245 GMT. French Finance Minister Roland Lescure, whose country holds the G7 presidency this year, said that Europe and the U.S. currently do not face immediate supply shortages.
Later on Tuesday, EU leaders will discuss energy prices and competitiveness, joining German Chancellor Friedrich Merz, Italian Prime Minister Giorgia Meloni, Belgian Prime Minister De Wever, and others.
The EU is highly exposed to global energy volatility, importing more than 90% of its oil and roughly 80% of its gas. EU Commission President Ursula von der Leyen has pledged proposals at next week’s EU summit to address rising prices.
Officials have already discussed measures including adjustments to energy taxes and potential amendments to the EU carbon price, which contributes around 11% to industrial power costs.
The calls by the G7 and EU reflect a growing urgency to manage energy price shocks caused by the Iran war. While governments have the tools to intervene, officials are balancing the need to stabilize prices with broader fiscal and strategic considerations.
With oil and gas markets highly sensitive to geopolitical developments, both G7 and EU leaders face pressure to act quickly to prevent price spikes from translating into economic slowdowns or political unrest across their regions.
With information from Reuters.
As a child in Newark, N.J., Narciso Rodriguez was often transported back to Cuba by the stories from his family and their friends. He walked the halls of El Encanto, a Havana department store and fashion mecca on the island — one that drew in celebrity clientele and featured haute-couture designs and fragrances from the far-flung fashion capitals of Paris and Milan.
“I don’t know that they could have afforded any of those things when they were in Cuba,” he tells De Los. “But they certainly filled my imagination with beautiful stories and laid the foundation for my work.”
It was the women in his life — the “amazing, powerful, loud, colorful dynamos,” as he describes them — who inspired him to pursue a career in fashion.
“Their stories, their lives, their power, their curves, it all influenced me,” he says. “They’re the reason I wanted to create things.”
Over the last three decades, the renowned designer has earned a reputation for sleek, flattering lines and effortless shapes, most famously seen on the career-launching dress he designed for his friend Carolyn Bessette-Kennedy to wear on her wedding day. The bias-cut silk slip has remained a source of inspiration for generations of brides since, and has been making waves again thanks to the FX series “Love Story: John F. Kennedy Jr. and Carolyn Bessette.”
Omari K. Chancellor as Gordon Henderson, from left, Sarah Pidgeon as Carolyn Bessette, Tonatiuh as Narciso Rodriguez in FX’s “Love Story: John F. Kennedy Jr. & Carolyn Bessette”
(Eric Liebowitz / FX)
“Love Story” will follow the couple’s wedding in the latest episode, out March 5. (Rodriguez is portrayed by Tonatiuh on the show.)
After designing Bessette-Kennedy’s dress, Rodriguez launched his own label and a fragrance line, and has continued to create designs that are woven into the fabric of American history — Michelle Obama wore his dress on election night in 2008.
De Los spoke with Rodriguez about his career, upbringing and memories of designing Bessette-Kennedy’s dress.
You’ve spoken about how inspired you were by the women in your life growing up. Are there any “fashion icons” from your family or neighborhood that you could point to from your childhood?
You know, I’m so lucky because I was raised in a very Cuban household in a very culturally rich community in Newark. I mean, it was Italian, Spanish, Cuban, Puerto Rican, Black. It was everything. But I always think back to when I was very, very young, there was a kind of matriarch here in the neighborhood. Her name was Concha and she was kind of this lightning rod. My dad’s sister was married to her son, so when my parents came to the U.S., she gave them a place to stay. She would teach all of the young women how to cook and gave everyone a place to stay until they got on their feet. She was larger than life, she was like “Auntie Mame.” She had these great ‘60s beehive wigs in amazing wig boxes, she made these beautiful Chanel suits for herself, and had all these gold bangles, great lipstick and stilettos. When she came into the room, she just radiated power, joy and style. I always think of her as being my first signpost on the road.
They were all beautiful, you know? My aunts and my mom were the most beautiful, glamorous women. None of them were wearing designer clothes, but they took great pride and great care in how they looked, and that really made an impression on me.
How did that impression translate into a concrete passion? How did you go about actually pursuing a career in fashion?
I loved architecture. I loved building things, so I was always drawing, sketching and sculpting. Then I would see my mom take a piece of fabric and the way she could take something flat and shapeless and turn it into a garment was fascinating. By the time I was 13, I was doing fashion illustration, and I got a job in a tailor shop. Later, I enrolled myself in Saturday courses at Parsons [School of Design], and I kind of had to hide it from my parents at first. I felt like I couldn’t be a fashion designer, you know, because of the whole “macho” idea, but I just kept going. I was lucky that I was someone who always knew what they wanted to do, and that Parsons recognized I had talent for it at a young age.
I was exposed to really great people there, too. Donna Karan was a critic, Calvin Klein was a critic, Oscar de la Renta too. I got to do projects with all of them, and then I was hired after school by Donna Karan while she was still at Anne Klein. It was an amazing experience, and then I got poached by Calvin Klein, which was a very different experience.
How so?
It was incredible, but just very different. Whereas Anne Klein was this melting pot of creativity, Calvin was much more image-driven and precision-driven. He brought in great talents to collaborate with, so on any given day, you’d be working with the most amazing photographers, stylists and art directors. It was a really great finishing school as a young person.
You arrived at Calvin Klein during a period of reinvention for the brand. This was in the era of Kate Moss, and the famous “Marky Mark” print ads. We see a version of it in “Love Story,” but what was it like to actually be there?
When I got there, I think around 1989, it hadn’t really started to change yet. And I thought, “Wow, I made a really big mistake. This is not my aesthetic, not my thing.” But it changed very quickly, and it was very exciting. [Calvin] worked very hard. He was very focused, and he appreciated that I could keep up. Like everybody, there was a rough initiation period, but afterward, he gave me the opportunity to work on some tailored pieces that sold really well at retail, so I was rewarded with more opportunities.
But it was the ‘90s, and it was New York, and it was brilliant. It felt like the whole city was reinventing itself, and Calvin was a leader in that. All the best photographers, the most brilliant artists were there. Jacky Marshall, Zack Carr, Carolyn — the talent was endless. I was really fortunate to experience it and build friendships that were lifelong.
I’m curious if you remember your first impressions of Carolyn. How did you two connect?
We were quite friendly immediately, and then we became the best of friends. We lived in the same building, so the rest was history. You know, she’s an incredible person, and she had great style. She was bigger than life.
Carolyn has been regarded as a fashion icon, and especially now, everyone is trying to re–create her look. There was something more subtle and interesting going on than just “minimalist” fashion, so how would you describe what made her style so special?
Carolyn was so authentic in so many ways, and I think that she was very pragmatic about her choices. She had a great eye. She knew what worked for her, and she knew how to present herself. She never wanted to be uncomfortable. She was very connected to herself. I think so many people have this relationship to fashion and what they think they should look like based on the ideas they see in a magazine or being sold to you by the industry, and Carolyn never fell into that trap.
I have this conversation often with young designers, with people, with journalists. Today, everything that we see is inauthentic. Celebrities are paid to wear designer clothes. They’re styled by a stylist, and nothing is innate. That is the opposite of Carolyn. She was 100% real.
Narciso Rodriguez in 1997.
(Paolo Roversi)
We have to talk about her wedding dress. If you’re a bride, it’s impossible to look for inspiration without coming across her dress. What was it like to have a friend ask you to create something for such a special, important moment?
You know, until my children were born, Carolyn was the love of my life. We were very close, and she asked me, as you said, to make the dress that she would marry the love of her life in. It was very personal for me. It wasn’t a press event, it was a conversation between two people who were very close. I knew what looked good on her, she knew what looked good on her. I knew that she would never want to be bogged down with trains and lace. It wouldn’t be her.
What was the actual design process like?
It was an effortless collaboration. She came to fittings in Paris, we pulled the neckline down a bit lower, and the dress was born. I added the gloves, the veil and the shoe. It was just magical, and exactly the way it should be. It really made her the focus. You know, she was the one who pointed that out to me about my work. She always said, “You create a frame for a woman’s beauty and personality to shine through.” I’ve always thought that was a really beautiful thing that she gave me, because it’s true. I never want my work to be what you see first. I think the success of that dress is that you see her and her happiness and the purity of it all.
Everything about the wedding, including the dress, had to be kept a secret. Was it a challenge to make sure that no one knew what you were working on?
I was working in Paris, and I got approval from the owner of [Cerruti]. He was discreet about it. I worked with one pattern maker. I had a fit model who was lovely. Nobody knew who it was for. They always asked. But because I was working in Paris, they didn’t really connect me to her. I was also quite cautious when the dress was in work, I remember I had become quite friendly with Azzedine Alaïa. I asked, “Can I take this dress over to you and have you check it out to see what I’m doing?” I went over and he looked at the prototype, and said, “Why don’t you move this seam over the bum by a centimeter. I think it’ll be more flattering.” And I did, because he was the master, and he tortured me to know who it was for, but I never told him. Later, when it was all over the press, he would call and pretend he was a fancy lady looking for a wedding dress for her daughter. [Laughs] He tricked me a few times into believing some of his gags, but he was an amazing person.
It was just a magical time in all of our lives. And then I flew to America with the dress and went to the wedding, and it was that simple. You know, I’ve heard all these amazing stories about how the dress didn’t fit, and I had to sew her into it, and that she was hours late because of it, and none of this is true. But I love that people have made up all these stories.
Maybe the dress on her seems so effortless that people want to invent a way to complicate it.
[Laughs] I really have heard so many crazy stories, but when you look at the pictures, it certainly doesn’t look like it didn’t fit. That’s for sure.
As you mentioned, the dress was all over the press later. How did that moment impact your career?
Well, I went from Paris to my best friend’s wedding, and then I flew home to New York to do a pit stop at my apartment. When I arrived, there was a huge crowd outside the building with news trucks. I kind of walked through the crowd and into the building, and I said to the doorman, “What’s all that about?” And he looked at me, and he said, “They’re here to see you.”
Oh, wow.
It was a very big, kind of scary, unexpected change in my life. I remember going up to my apartment and trying to navigate that when Anna Wintour’s office called and said, “Anna would like for you to come to the Princess [Diana] benefit in Washington.” And I said I couldn’t go, I needed to be back in Paris, I didn’t even have a white shirt. And they said, “It’s Princess Di and Anna Wintour. You’re going. We’ll send you a shirt.” So I went, and I met Princess Diana, and it was really strange to be at such a big event and have so many eyes on me, because I didn’t expect that, and everyone was curious. I remember they were shady journalists trying to sit next to me and get information about where [John and Carolyn] went on their honeymoon. Life changed dramatically, but it brought great attention to the work that I was doing in Paris, and I was able to then go off and start my own business and do my own thing.
I’m sure you had an understanding through Carolyn about what it felt like to be hounded or followed by photographers and press, but did that firsthand experience in New York give you another layer of understanding for what she was going through?
It’s so funny because society today will do anything for that. But it was a very different time, and she was a very private person. I was a very private person. It’s very invasive, and I was kind of stuck in the middle, because while I needed to promote my work and my shows, and sort of be in the press, it wasn’t something that I was very comfortable with. I mean, I love doing the work more than I like the things attached to it. It can be debilitating, and it was difficult for me, but I adjusted, because I could hide behind my work, but as a private citizen, it was more difficult for her.
Narciso Rodriguez.
(Sølve Sundsbø)
You’ve been a part of fashion history on numerous occasions. Michelle Obama frequently wore your designs, but most famously, on election night in 2008, and then during her final appearance as first lady. How does it feel to have been a part of those moments?
It’s hard to put into words. You know, you spend so much time in it, and you have these amazing moments, like designing a dress that became legendary for brides, or getting to dress the first lady, and it wasn’t until COVID that I took a step back. I think about my mother and father coming here to give their son a chance to live out his dreams. And to have been able to sit with my friends on election night and watch her appear in my dress on such a historic moment — the first African American elected president of the United States — words fail. [Michelle Obama] is such an incredible human being who I admire so much, and to have been a part of that night, I feel so lucky.
I don’t talk about my work with my children, but the other day, when they were on the bus headed to school, they told one of their friends, “My dad went to the Obama White House.” They were proud of me. My parents’ dreams came true, and now I get to share that with my children. It’s very special.
It’s really powerful to hear you frame it that way — that these moments mean so much because of your experience being the child of immigrants. How does it feel to be in the midst of a revival right now?
It makes me want to create more. It means a lot to me that people remember these pieces, and that they’re still part of the conversation. But it also means a really great deal to me because I think it’s an important story to tell today. I think it’s important that young people hear that this kind of thing can happen to the children of immigrants, especially as I’m watching all of the horrible things happening to immigrants now.
I could never do what my parents did. When I think about it now, my parents were so much more successful than I could ever be, because they left behind their home for a cold climate, in a place where they couldn’t speak the language, and they really struggled for a long time before I was born. And now, the idea that we’re trying to take that opportunity away from people? It just blows my mind.
My parents faced so many hardships, their life wasn’t easy, but I can’t imagine if they had been put through what immigrants are put through today. I am the “American Dream,” right? I got the chance I got to do the work that I love and succeed because of them. I want that for everyone. I want that to be the world we live in.

Jeong Yeon-du, South Korea’s chief nuclear envoy, speaks during a briefing with reporters at the South Korean Embassy in Washington on Wednesday. Photo by Asia Today
Feb. 27 (Asia Today) — The United States has reaffirmed that it remains open to dialogue with North Korea without preconditions, South Korea’s chief nuclear envoy said Thursday, as Washington also reiterated its longstanding policy stance.
Jeong Yeon-du, director-general for strategy and intelligence at the Foreign Ministry, told reporters in Washington that he confirmed during meetings with senior U.S. officials that “the U.S. position of being open to dialogue with North Korea without preconditions remains unchanged.”
Jeong said he met with senior State Department officials, including Allison Hooker, Thomas DiNanno and Michael DeSombre, as well as congressional figures and Korea experts at major think tanks during his visit, which began Monday.
He said the two sides exchanged views on recent developments on the Korean Peninsula, including the outcome of North Korea’s ninth Workers’ Party Congress, and discussed pending issues based on the joint explanation released after the summit between President Lee Jae-myung and U.S. President Donald Trump last October in Gyeongju.
Jeong said Seoul explained its plan to continue supporting early resumption of U.S.-North Korea dialogue and to pursue long-term efforts to ease inter-Korean tensions and build trust, while adhering to the principle of denuclearization.
A White House official delivered a similar message this week in response to remarks by Kim Jong Un suggesting conditional willingness to improve ties with Washington.
“U.S. policy toward North Korea remains unchanged, and President Trump remains open to dialogue with Kim Jong Un without any preconditions,” the official said, recalling that Trump held three summits with the North Korean leader during his first term.
The statement was interpreted as reaffirming Washington’s twin positions: openness to talks without preconditions and continued pursuit of the complete denuclearization of the Korean Peninsula.
Kim recently said Pyongyang would maintain a “strongest stance” toward the United States but added that if Washington respects North Korea’s “current status” and withdraws what it calls a hostile policy, there would be no reason the two sides could not get along. His remarks were widely seen as a demand for recognition of North Korea as a nuclear state.
Despite the stated openness to dialogue, a senior South Korean government official said there are no new developments such as working-level contacts between Washington and Pyongyang. The official added that while the United States continues to signal it is open to talks, it does not appear to have moved to concrete preparatory steps.
Jeong said Seoul and Washington agreed to maintain close coordination through frequent communication at various levels. He also said he explained South Korea’s phased denuclearization proposal and listened to views in U.S. policy circles regarding North Korea.
Trump met Kim in Singapore in June 2018, in Hanoi in February 2019 and at the inter-Korean border village of Panmunjom in June 2019. While the first summit produced a joint statement on new bilateral relations and denuclearization, subsequent talks failed to yield an implementation agreement, and substantive negotiations have remained stalled.
— Reported by Asia Today; translated by UPI
© Asia Today. Unauthorized reproduction or redistribution prohibited.
Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260227010008277
The United States and Israel have launched strikes on Iran despite ongoing talks between Washington and Tehran over Iran’s nuclear programme.
Iran responded to Saturday’s attacks with missile and air strikes across the region, including in Israel, Bahrain, Saudi Arabia, Qatar, the United Arab Emirates and Iraq.
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Israeli officials said their strikes targeted Iran’s military and nuclear-related infrastructure, while airspace across Israel was closed and emergency measures imposed. Several other countries in the region also announced the closure of their airspace.
Meanwhile, President Donald Trump said Washington has begun a “major combat operation” in Iran, aimed at “eliminating threats from the Iranian regime”.
“This regime will soon learn that no one should challenge the strength and might of the United States Armed Forces,” he said.
The strikes came just two days after high-stakes US–Iran nuclear negotiations in Geneva, mediated by Oman, ended without a breakthrough. The US-Israel attack marks the most serious escalation since the brief but intense June 2025 war.
Here is a timeline of the events, including attacks and diplomatic overtures leading up to Saturday’s strikes by the US and Israel, and Iran’s fierce response.
June 13, 2025 — Israel launches major air strikes against Iranian nuclear and military facilities, amid ongoing talks between the US and Tehran. Iran responds within hours with large-scale missile and drone attacks on Israeli cities.
June 22 – The US strikes Iranian nuclear facilities at Natanz, Fordow and Isfahan, with Trump claiming the attacks degraded Tehran’s nuclear programme. Iranian officials said their programme was set back but not destroyed.
June 23 – In retaliation, Iran fires missiles towards Al Udeid airbase in Qatar, housing US soldiers. The missiles are intercepted, and no casualties are reported.
June 24 – After 12 days of fighting, a US-brokered ceasefire takes effect between Iran and Israel, ending all hostilities. Iran says at least 610 of its citizens were killed in the war, while Israel claimed 28 were killed on its side.
July 2 – Iranian President Masoud Pezeshkian signs legislation halting cooperation with the International Atomic Energy Agency (IAEA), barring its inspectors from accessing Iran’s nuclear facilities unless specifically authorised by the country’s Supreme National Security Council.

July 22 – Abbas Araghchi, Iran’s foreign minister, says Tehran will not give up its uranium enrichment programme, despite a temporary halt due to “serious and severe” damages.
August 12 – Iranian police arrest as many as 21,000 people related to the 12-day war with Israel, according to state media.
August 22 – Iran agrees to resume nuclear talks later in the month with the United Kingdom, France and Germany, despite the threat of revived sanctions.
August 28 – The three European countries trigger a mechanism reinstating the United Nations’ sanctions on the Islamic republic for the first time in a decade.
November 1 – Oman urges both the US and Iran to go back to the negotiating table as Iran reiterates it will not stop enriching uranium.
November 7 – Trump says Iran has requested that Washington remove its crippling sanctions on Tehran, and that he is willing to talk about the issue.
December 28 – Protests break out in major cities, including Tehran, over soaring prices after the rial plunges against the US dollar.
January 8, 2026 – The internet is shut down across Iran following the outbreak of antigovernment protests, which have now spread beyond cities. The blackout lasts for more than two weeks.
January 13 – Trump tells Iranians to “keep protesting” , claiming that “help is on the way”, and that the US may be preparing for military intervention against Tehran. The US begins to bolster its military presence off Iran.
February 6 – Iran and the US begin indirect nuclear negotiations in Geneva, mediated by Oman, with the aim of reaching a deal to curb Tehran’s nuclear programme.
February 17 – High-level US–Iran nuclear talks resume in Geneva, again with Omani mediation.

February 22 – Oman confirms another round of discussions in Geneva, describing a “positive push” but admits that significant differences remain.
February 26 – A third round of nuclear talks concludes in Geneva, with mediator Oman saying “significant progress” was made and more discussions would be held the following week in Vienna.
February 27 – Oman’s foreign minister says Iran has agreed to degrade its current stockpiles of nuclear material to “the lowest level possible” — effectively to unrefined levels. US President Donald Trump says he prefers diplomacy but warns that “all options” remain available if diplomacy fails.
February 28 – Israel launches coordinated strikes on Iranian targets, including sites in and around Tehran. Iran retaliates by launching air and missile strikes across the region, including Qatar, United Arab Emirates, Saudi Arabia, Bahrain and Kuwait.

1 of 2 | An Iranian woman walks near a huge anti-U.S. billboard in a street in Tehran, Iran, on Thursday, February 26, 2026, the day Iran and the U.S. held their third round of nuclear talks in Geneva. Photo by Abedin Taherkenareh/EPA
Feb. 26 (UPI) — The third round of U.S.-Iran nuclear talks concluded Thursday in Geneva with signs of progress and plans for further negotiations, amid heightened tensions between Tehran and Washington as President Donald Trump threatens military action if a deal is not reached.
Oman said after the day-long talks that progress had been made and more talks are needed.
“We have finished the day after significant progress in the negotiation between the United States and Iran,” Minister Badr bin Hamad Albusaidi of Oman said in a statement.
“We will resume soon after consultation in the respective capitals.”
Minister Abbas Araghchi of Iran concurred with his Omani counterpart. Further progress had been made, he said.
“This round of talks was the most intense so far,” he said in a statement.
“It concluded with the mutual understanding that we will continue to engage in a more detailed manner on matters that are essential to any deal — including sanctions termination and nuclear-related steps.”
Technical-level discussions are scheduled to start in Vienna on Monday, officials said.
Representatives from the United States did not immediately comment.
The negotiations were indirect, with Iran and the United States communicating through Omani mediators.
There was a four-hour meeting in the morning followed by more than two hours of discussions in the afternoon, according to Araghchi, who said IAEA Director General Rafael Grossi’s involvement “was valuable for the technical discussions.”
“Regarding some issues, there is no understanding, and on others, it’s natural that we have differences,” Iran’s top diplomat said.
“However, there was perhaps more seriousness on both sides than before, with the aim of reaching a negotiated solution.”
Trump is seeking to secure a long-term deal aimed at preventing Iran from securing a nuclear weapon, a decades-long fear of Washington and Israel, and has threatened military action if negotiations falter.
The removal of sanctions appears to be Iran’s most pressing issue for Iran, as its economy has been under severe strain from years of sanctions imposed amid the years-long impasse over its nuclear program.
Ahead of the Thursday talks, Foreign Ministry spokesman Esmaeil Baghaei of Iran told reporters that Tehran’s delegation had come fully prepared.
“Right now, the relevant experts in the fields of sanctions relief and economic issues, as well as nuclear and legal matters, are with us, and we are prepared to continue these talks as long as necessary,” he said, the Islamic Revolutionary Guard Corps-affiliated Fars News Agency reported.
“As far as we are concerned, we are here with full preparedness and seriousness in order to realize the country’s national interests.”
He added that they will be watching for “contradictory statements” between what U.S. officials say in the meetings and what they tell the press.
“These contradictions do not help advance this diplomatic process and increase doubts and suspicions about their purpose and intentions,” he said.
Grossi and Oman’s Albusaidi held a meeting Thursday before the talks officially kicked off on technical matters related to Iran’s nuclear dossier.
| عقد معالي السيد بدر بن حمد البوسعيدي @badralbusaidi وزير الخارجية لقاءً في مدينة جنيف مع معالي رافاييل غروسي المدير العام للوكالة الدولية للطاقة الذرية، وذلك في إطار التشاور وتبادل وجهات النظر حول المسائل الفنية ذات الصلة بالملف النووي الإيراني والأفكار الجديدة التي هي محل… pic.twitter.com/RrjA28bfuU— وزارة الخارجية (@FMofOman) February 26, 2026
The second round of talks was held earlier this month, with Araghchi stating that an agreement had been reached “on general guiding principles.”
However, significant gaps remained between the United States and Iran.
Though it officially began Thursday, Iran’s Foreign Ministry said in a statement that Araghchi met with Albusaidi on Wednesday night and conveyed Tehran’s views on nuclear-related issues and the lifting of sanctions.
Araghchi stressed to the representative of Oman that “the success of the negotiations depends on the seriousness of the other side and its avoidance of contradictory behavior and positions.”
Trump has pursued a new nuclear deal with Iran since early in his first term, when in 2018 he unilaterally withdrew the United States from a landmark Obama-era multinational accord aimed at preventing Tehran from securing a nuclear weapon.
The first Trump administration applied a maximum pressure campaign of sanctions and economic pressure to coerce Tehran back to the negotiating table. Under the economic coercion, Iran began breaching its nuclear commitments and advanced its enrichment program.
Then, under the Biden administration, the United States attempted to revive negotiations with Iran — an effort that stalled by the fall of 2022 and was shelved when Iran-backed Hamas attacked Israel on Oct. 7, 2023.
Last June, after Trump was elected to a second term, he ordered strikes on three known nuclear sites as the United States joined Israel’s military campaign against Tehran. The White House later claimed Iran’s facilities had been “obliterated,” though international inspectors have not been able to gain access to them to verify the extent of the damage.
Despite the assertion, Trump has expanded the United States’ military presence in the Middle East in recent weeks ahead of the talks, sparking worries it may precede another attack if negotiations falter.
During his State of the Union address to a joint session of Congress on Tuesday night, Trump said Iran is seeking to restart its program but also wants to make a deal with the United States.
“They are at this moment again pursuing their sinister ambitions,” he said without providing proof. “My preference — my preference is to solve this problem through diplomacy. But one thing is certain, I will never allow the world’s No. 1 sponsor of terror — which they are by far — to have a nuclear weapon. Can’t let it happen.”
Third round of Iran-U.S. nuclear talks begins with meeting Between Iranian, Omani Foreign Ministers
Seyed Abbas Araghchi, Foreign Minister of the Islamic Republic of Iran, who has traveled to Geneva for the third round of Iran-U.S. nuclear negotiations, met on Wednesday evening… pic.twitter.com/rlufNwgm4p— Foreign Ministry, Islamic Republic of Iran (@IRIMFA_EN) February 26, 2026
Tehran, Iran – Another round of indirect talks between Iranian and United States officials ended with a mediator claiming “significant progress” but still no clear evidence that either side was willing to concede enough on their positions to avoid war.
After the conclusion of the talks in Geneva on Thursday, Iranian Foreign Minister Abbas Araghchi said further technical talks would be held next week in Vienna and progress had been “good”.
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“These were the most serious and longest talks,” Araghchi said.
Omani Foreign Minister Badr bin Hamad Al Busaidi, who mediated the talks, said Iranian and US diplomats would consult with their governments before the Vienna talks.
Few details have emerged about the discussions, but Araghchi was reported to have met US envoy Steve Witkoff – if only briefly, according to Iran’s Tasnim news agency.
The Iranian team, led by Araghchi, handed over on Wednesday night Tehran’s written proposals to Al Busaidi, who also mediated previous rounds of talks in Geneva and Muscat.
The Omani diplomat then met with the US delegation on Thursday, led by Witkoff and US President Donald Trump’s son-in-law Jared Kushner. Al Busaidi mediated between the two teams throughout the day, and the US delegation also held separate talks over Ukraine.
Also taking part in the talks was Rafael Grossi, the director general of the International Atomic Energy Agency (IAEA), which will have to undertake nuclear monitoring and verification duties in Iran in case of any agreement.
The UN watchdog will hold several days of board meetings starting on March 6, which is around the 10- to 15-day deadline floated by Trump last week for Iran to reach a deal.
Western media outlets have suggested the board could once again consider a move to censure Iran depending on the results of the Geneva talks. Iran has accused Grossi of taking politicised action and criticised the IAEA after Israel attacked Iran in June, one day after the agency passed a resolution saying Tehran was not complying with its commitment to nuclear safeguards.

The two sides have been at odds over key issues, including uranium enrichment and missiles.
Washington has repeatedly emphasised, in lockstep with Israel, that it will not accept any nuclear enrichment taking place on Iranian soil, even at civilian-use levels agreed during the 2015 nuclear deal that Iran agreed with world powers. Trump unilaterally abandoned that deal in 2018.
In the days leading up to the Geneva talks, US officials increasingly focused on Iran’s ballistic missile programme, saying the missiles threaten US military bases across the Middle East as well as Israel. Iran has refused to entertain any talks on its conventional weapons. Iranian officials, including President Masoud Pezeshkian, have repeatedly said they will never develop nuclear weapons.
Speaking to local officials during a provincial visit, Pezeshkian also shot back at Trump’s assertion during a lengthy State of the Union speech that Iran was “the world’s number one sponsor of terror”.
Pezeshkian said numerous Iranian officials and nuclear scientists have been assassinated over the decades, particularly in the immediate aftermath of the country’s 1979 Islamic revolution.
“If the realities are seen fairly, it will become clear that Iran is not only not a supporter of terrorism, but one of the main victims of terror in the region and across the world,” he said.
The Iranian government’s IRNA news agency said Tehran’s proposal was expected to gauge US “seriousness” in the talks because it contained “win-win” offers.
Iranian officials have not publicly discussed all the details of their proposals, but they are believed to include diluting part of the country’s 60-percent enriched uranium and keeping the uranium inside the country. Iranian authorities envisage that could be paired with economic opportunities for the US related to Iranian oil and gas and the purchase of airplanes.

Supreme Leader Ali Khamenei has maintained his tough rhetoric against the US as well, casting doubt on the chances of any agreement. He also said Trump would be unable to overthrow Iran’s government after the US president said regime change would be “the best thing that could happen” in Iran.
Araghchi said during an interview on Wednesday that even if Khamenei is killed, the theocratic establishment in Iran would carry on because it has legal procedures in place to appoint a successor. Pezeshkian added on Thursday: “They can eliminate me, eliminate anyone. If they hit us, a hundred more like us will come up to run the country.”
Iranian and US officials have been hailing supposed “progress” in the indirect talks this month, but many Iranians continue to prepare for war.
In Tehran and across the country, people are buying bottled water, biscuits, canned foods and other essentials in case of a war.
“A few days ago, I bought a power bank to keep the electronics charged. Now I’m looking for a short-wave radio so we can hear the news if the state shuts down the internet and electricity infrastructure is bombed,” said a 28-year-old resident of the capital who asked not to be named.
As bombs fell during the 12-day war with Israel in June, Iranian authorities cut off almost all internet access for several days, followed in January by an unprecedented 20-day total blackout imposed on about 92 million people as thousands of people were killed during nationwide protests.
The Iranian government, which blames “terrorists” armed and funded by the US and Israel for the protests, has rejected Trump’s claim that 32,000 Iranians were killed during the demonstrations. It said more than 3,000 people were killed, and rejects documentation by the United Nations and international human rights organisations that its security forces were behind the killings.
As the threat of war intensifies, not all Iranians are capable of stocking up on food and other necessities due to rising inflation that has gripped the country for more than a decade as a result of a mix of chronic local mismanagement and US and UN sanctions.
According to separate reports by the Statistical Centre of Iran and the Central Bank of Iran released on Thursday, inflation has now shot beyond 60 percent.
The Statistical Centre put annual inflation in the Iranian month of Bahman, which ended on February 19, at 68.1 percent, while the Central Bank said it was 62.2 percent.
Food inflation was by far the strongest driver at a whopping 105 percent. That included a 207-percent inflation rate for cooking oil, 117 percent for red meat, 108 percent for eggs and dairy products, 113 percent for fruit and 142 percent for bread and corn.
Iran’s national currency, the rial, stood at about 1.66 million rials to the US dollar on Thursday, near an all-time low.
Robinson is notorious in the UK where he has been accused of promoting hatred against Muslims and organising mass anti-migrant protests.
British far-right activist Tommy Robinson says he visited the United States Department of State as part of a recent trip to Washington, DC, where he was welcomed by government officials and supporters of the Make America Great Again (MAGA) movement.
“In America making alliances & friendships, today I had the privilege of an invite to the @StateDept,” Robinson posted on X on Wednesday, alongside a photo of himself next to a US flag.
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Robinson is a household name in the UK, notorious for his anti-Muslim rhetoric and multiple prison terms. He was also a cofounder of the now-defunct far-right English Defence League – a street protest movement.
US State Department official Joe Rittenhouse, who is a senior adviser for the department’s Consular Affairs bureau, said he met with Robinson, calling him a “free speech warrior”.
“Honored to have free speech warrior @TRobinsonNewEra at Department of State today. The World and the West is a better place when we fight for freedom of speech and no one has been on the front lines more than Tommy. Good to see you my friend!” Rittenhouse said in an X post.
Rittenhouse posted photos of what appeared to be Robinson touring the State Department.
The State Department did not answer questions from the Reuters news agency on who else Robinson met, what was discussed and what the objective of his visit was.
A representative for the United Kingdom’s embassy in Washington did not immediately respond to a request for comment from Reuters.
Robinson, whose real name is Stephen Yaxley-Lennon, has become an icon for British nationalists and one of the UK’s most high-profile anti-migration campaigners, organising a large rally last September in London attended by about 150,000 people.
Social media posts show that during his trip to Washington, Robinson also met far-right US influencer Jack Posobiec and filmed a video with Congressman Randy Fine, a Republican from Florida, who has a history of anti-Muslim rhetoric. Robinson said on X that he will next travel to Florida.
Robinson’s visit to the US State Department follows a surge in support from the administration of President Donald Trump for far-right activists in the UK and Europe under the pretext of protecting “free speech”.
In December, the Trump administration accused Europe of engaging in “civilisational erasure” due to demographic and cultural changes from what Washington has described as weak immigration policies.
US Vice President JD Vance took aim at European countries during his first international trip last year, accusing the region’s leaders of stifling free speech – particularly voices from the far right – and being lax on migration to the detriment of their societies.
“No voter on this continent went to the ballot box to open the floodgates to millions of unvetted immigrants,” Vance said in remarks that shocked European leaders.
The UK and European countries have stronger rules on hate speech than the US, and the European Union has taken a proactive stance on regulating social media and internet content – positions that have angered the White House.
Robinson was banned from Twitter in 2018, but his account was restored in 2022 following its acquisition by Elon Musk, CEO of Tesla and SpaceX.
The TWZ Newsletter
Weekly insights and analysis on the latest developments in military technology, strategy, and foreign policy.
Amid the steady drumbeat of reports pointing to the growing likelihood of strikes on Iran, there are indications that officials from Washington and Tehran will meet this week for another round of talks centered on the Iranian nuclear program. While the two sides remain generally at loggerheads, Iranian officials are now openly talking about possible concessions on their nuclear program in return for sanctions relief and the right to enrich uranium for peaceful purposes.
The Iranian foreign minister, Abbas Araghchi, told CBS over the weekend that U.S. and Iranian negotiators would likely hold more discussions in Geneva on Thursday, with the aim of making “a fast deal.” Iran and the United States resumed negotiations earlier this month.

Now, Araghchi says that he thinks there is still a good chance of finding a diplomatic solution in planned talks with U.S. special envoy Steve Witkoff. However, he added that “If the United States attacks us, then we have every right to defend ourselves.” Iran has repeatedly threatened to strike U.S. bases in the region if it is attacked.
Aragachi raised the possibility of a new nuclear deal that would see Iran committing to keep its nuclear program “peaceful forever.” This would be a major advance over the previous, time-limited agreement, which was negotiated by the Obama administration in 2015, but from which U.S. President Donald Trump withdrew in 2018, during his first term in office.
Araghchi’s growing importance reflects the belief of U.S. officials that Iran’s supreme leader, Ali Khamenei, together with the country’s president, Masoud Pezeshkian, are increasingly being marginalized within the negotiations.
BREAKING: Iran’s Supreme Leader Ali Khamenei was the target of an internal effort to sideline him, allegedly led by former President Hassan Rouhani, just before the January 8–9 crackdown when protests were at their peak, Le Figaro reports.
— Faytuks Network (@FaytuksNetwork) February 22, 2026
Overall, the development comes as U.S. military assets continue to flow into the region as part of a massive deployment of forces.
Among the latest movements, it appears that additional U.S. Air Force KC-135 Stratotankers are being repositioned from the Indo-Pacific region and closer to the Middle East. These refueling assets would be vital to sustaining any kind of air campaign against Iran.
Other tankers and transports also continued to pour into the wider region after transatlantic flights over the weekend.
In terms of aircraft basing, the apparent postponement of planned runway reconstruction work at Diego Garcia in the Indian Ocean might point to one of the windows of opportunity for U.S. airstrikes. Work at the base, which could be important to any U.S. plans for a sustained campaign of airstrikes against Iran, has been pushed back successively from February to March, and now to April, according to notices to airmen (NOTAMs). As well as the long-range bombers that periodically operate out of Diego Garcia, the facility would need to host cargo and refueling support aircraft, as well as assets to defend the island from possible Iranian attack. As we reported last week, the United Kingdom has apparently said it would not allow the use of the island for strikes on Iran, although this position could certainly change. It is worth noting, too, that satellite imagery available to TWZ does not reveal any visible changes in terms of deployments to Diego Garcia.
Construction on Diego Garcia’s runway was initially expected to begin in February, then moved to March, and is now delayed again until April 2.
RWY 13/31 will close weekdays (0700–1700 local) for ~80 working days, according to the latest NOTAM pic.twitter.com/4q35SOfwHh
— Faytuks Network (@FaytuksNetwork) February 23, 2026
There are also reports, currently unconfirmed, from Israel’s Channel 12, of U.S. Air Force KC-135s at Ben Gurion Airport in Israel. Photos apparently show at least two of the tankers on the tarmac at the civilian airport, one of them wearing the markings of the 452nd Air Mobility Wing from March Air Reserve Base, California. The presence of U.S. KC-135s in Israel reflects the fact that Israel will likely be fully integrated into any upcoming operation against Iran, so putting tankers or even fighter aircraft there makes sense. Moreover, the United States has limited basing options in the region, including countries that have said they would not allow operations to run out of their airspace. Meanwhile, the threat of Iranian short-range missiles and drone strikes also limits where these U.S. assets can go.
לגבי מטוסי התדלוק האמריקאים בנתבג, לפחות אחד מהם (הקדמי – מס זנב 58-0052) הגיע לפה מקטאר
At least one of the two USAF kc135r photographed at Tel Aviv airport has arrived from Al-Udeid, Qatar
צילום לפי 27א pic.twitter.com/FlrMKNmR9O
— avi scharf (@avischarf) February 23, 2026
Elsewhere in Israel, Prime Minister Benjamin Netanyahu today delivered brief remarks in the Israeli parliament. He said Israel is facing “complex and challenging days,” but expressed confidence in the public. “We have pushed back an existential threat from the Iranian tyrant,” Netanyahu continued. “No one knows what tomorrow will bring. We are keeping our eyes open.”
Netanyahu delivers rare brief speech on Iran: ‘We are in complex days’
‘No one knows what tomorrow will bring,’ Netanyahu said in a rare brief Knesset speech a day after Cabinet talks, amid reports of US preparations for a strike …https://t.co/orF04TqzD7 pic.twitter.com/1CliDX4eVQ
— Ynet Global (@ynetnews) February 23, 2026
Meanwhile, the aircraft carrier USS Gerald R. Ford, its embarked airwing, and elements of its carrier strike group (CSG) are still in transit. Last Friday, TWZ reported on its transit into the western Mediterranean via the Strait of Gibraltar. As of today, the carrier was in Souda Bay, Crete, in the eastern Mediterranean. The Ford CSG will eventually be joining the Lincoln CSG, already deployed to the Middle East, as well as other Navy ships and scores of tactical jets, surveillance planes, tankers, airborne early warning and control aircraft, and additional air defense assets.
President Trump has consistently refused to rule out potential strikes against Iran, while stressing that no final decision has been made.
“The most I can say — I am considering it,” Trump said last Friday when asked if he was thinking about a “limited strike” against Iran. The president did not provide details of what that could entail or when it might be launched.
As to how “limited” a strike on Iran might be, the Washington-based Center for Strategic and International Studies (CSIS) think tank assesses that the assets currently deployed would not be sufficient for an extended, multi-week air campaign.
Good analysis. US build-up largest in 23 years, but smaller than 1991, 1998 or 2003. “there are not enough forces for an extended, multi-week air campaign. That would require a substantial logistical buildup, which…would take additional time.” https://t.co/tMsOVBxfw6 pic.twitter.com/nzJCpGYz9g
— Shashank Joshi (@shashj) February 23, 2026
Indicative of growing fears of a new conflict in the region, it was reported today that the U.S. Embassy in Beirut had evacuated “dozens” of non-essential personnel as “a precautionary measure due to anticipated regional developments.”
APNewsAlert: WASHINGTON (@AP) — State Department orders nonessential US diplomats and families to leave Lebanon as tensions with #Iran soar.
— Jon Gambrell | جون (@jongambrellAP) February 23, 2026
In contrast, in other public statements, Trump and administration officials have been pushing for a diplomatic resolution to the current Iranian crisis.
Speaking over the weekend, special envoy Witkoff said that the U.S. president was unsure why Iran had not yet yielded to U.S. pressure to curb its nuclear ambitions. “He’s curious as to why they haven’t … I don’t want to use the word ‘capitulated,’ but why they haven’t capitulated,” Witkoff told Fox News.
“Why, under this pressure, with the amount of sea power and naval power over there, why haven’t they come to us and said, ‘we profess we don’t want a weapon, so here’s what we’re prepared to do’?”
And there you have it: Witkoff says that Trump is frustrated/curious as to why Iran has not “capitulated” yet, despite massive US military threats.
This is the core of the matter: As I have written extensively, Israel and pro-Israeli voices have sold Trump a narrative that… pic.twitter.com/HkQlBJ6fqY
— Trita Parsi (@tparsi) February 22, 2026
Also this weekend, the New York Times published a report stating that Trump is eyeing a smaller initial set of strikes in order to pressure Iran to make a deal, prior to a much larger follow-on campaign if that pressure didn’t work. Our analysis sees that as being either unlikely to be true or a very poor decision if it is indeed in the works as reported.
The limited strike to pressure Iran to make a deal with the threat of more seems extremely problematic on so many levels. Messaging that now is a sign of weakness in the negotiations. Sorry, that’s the reality. I can’t believe military commanders would recommend this. https://t.co/1R5TwcRhOZ
— Tyler Rogoway (@Aviation_Intel) February 23, 2026
Breaking News: President Trump told advisers he would consider a larger attack on Iran if diplomacy or a targeted strike failed to deter its nuclear program. https://t.co/dsVODr28du
— The New York Times (@nytimes) February 22, 2026
However, the fact that more talks are being lined up suggests that the U.S. government is more confident that Iran will demonstrate that it’s not seeking to develop a nuclear weapon, including a commitment to diluting its stockpile of highly enriched uranium, which is critical to producing such a device.
Iran wants to retain the right to enrich uranium for peaceful purposes. This would involve a new verification process overseen by the International Atomic Energy Agency (IAEA), the United Nations nuclear inspectorate. As well as diluting its highly enriched uranium, the process would provide the IAEA with access to Iranian nuclear facilities, while sanctions placed on Tehran would be eased. The Iranian facilities would include the three nuclear sites that were targeted by U.S. strikes in June last year.
Last year, the IAEA estimated that Iran had stockpiled more than 970 pounds of uranium enriched to up to 60 percent fissile purity. A purity of 90 percent is considered weapons-grade.
Why Iran 2.0? Because the US was never going to have the intel after the Fordo strike to identify what happened to the 60% enriched uranium. After 8 months, there has been plenty of time to clandestinely speed forward — as Iraq did after Israel’s Osirak attack in 1981. pic.twitter.com/xznZsywpbh
— Robert A. Pape (@ProfessorPape) February 21, 2026
According to Reuters, one option includes Tehran sending half of its most highly enriched uranium abroad, while the remainder is diluted, as well as establishing a regional enrichment consortium.
A senior Iranian official also told Reuters that Iran is willing to offer U.S. companies the opportunity to participate as contractors in its oil and gas industries.
With the possibility of a new nuclear deal, Republican lawmakers who have been pushing for a new military campaign against Iran are finding themselves being increasingly sidelined.
However, the Iranian government remains worried that, despite apparent progress being made on the nuclear issue, the Trump administration may still sanction an attack.
As well as U.S. pressure on its nuclear program, the Iranian regime is also facing serious problems closer to home, including a wave of protests, with violent clashes between demonstrators and the state-backed Basij militia. Most recently, violence has flared at universities in Tehran and the northeastern city of Mashhad.
Students chanted “Basij, Guards, you are our Daesh,” during a rally at Ferdowsi University in the northeastern city of Mashhad on Monday.pic.twitter.com/cDJ7Tbdzf2
— Iran International English (@IranIntl_En) February 23, 2026
Thousands of deaths have been reported in Iran since the protests began in December.
The full extent of the violence remains unclear, however, since the Iranian government has refused to permit a UN-led fact-finding team access to the country.
When the protests began, Trump made statements in support, telling the protesters that “help is on its way.” So far, however, a threatened military intervention has not materialized.
Now, Iran’s nuclear program is the subject of renewed focus, with talks likely later this week. Meanwhile, a significant U.S. military presence remains in the region, meaning that a large-scale attack on Iran is very much still an option.
For the time being, it looks like Iran’s offer of new concessions may be a last-ditch effort to keep diplomacy alive and avoid the prospect of a new military conflict.
Contact the author: thomas@thewarzone.com
Feb. 23 (UPI) — A meeting on trade negotiations between the United States and India this week has been postponed in light of Friday’s Supreme Court ruling on President Donald Trump‘s tariffs.
Officials representing the United States and India were scheduled to meet for three days in Washington, D.C., to discuss their interim trade deal but the meeting has been delayed, CNBC, the BBC and Hindustan Times reported.
India’s top trade negotiator, Darpan Jain, was slated to travel to the United States for the meeting.
India is under a 25% reciprocal tariff imposed by the United States. It was expected to be reduced to 18% as part of an interim agreement between the countries earlier this month. The sides have continued to discuss future trade plans virtually since reaching the interim deal.
The United States and India were slated to finalize the interim agreement in March with it likely to go into effect in April. The framework for the agreement noted that any changes to the deal would allow the other country to “modify its commitments.”
On Friday, the U.S. Supreme Court ruled that Trump improperly applied the Emergency Economic Powers Act to impose a swath of tariffs. With those tariffs ruled unlawful, Trump announced a 15% global tariff, citing Section 122 of the Trade Act of 1974, which allows a president to impose temporary tariffs.
The act allows for the president to impose tariffs of up to 15% for 150 days.
The Trump administration continues to consider new plans to continue with its tariff policy, exploring other legal routes, U.S. Treasury Secretary Scott Bessent said in a social media post.
“We will immediately shift to other proven authorities — Actions 232, 301, and 122 — to keep our tariff strategy strong,” Bessent wrote.

Remarks from Ministry of Foreign Affairs come after Trump says he is considering an attack if a nuclear deal is not reached.
As a new round of talks between the United States and Iran is scheduled to take place in Geneva, Tehran has reiterated that it wants to find a diplomatic solution with the US on its nuclear programme but will defend itself if Washington resorts to military action.
Iran’s Ministry of Foreign Affairs spokesman Esmaeil Baghaei said on Monday that any US attack, including limited strikes, would be considered an “act of aggression” that would precipitate a response after US President Donald Trump said he was considering a limited strike on Iran.
list of 4 itemsend of list
“An act of aggression would be regarded as an act of aggression. Period. And any state would react to an act of aggression as part of its inherent right of self-defence ferociously, so that’s what we would do,” Baghaei said during a media briefing.
Trump said on Friday that he was considering a limited strike if Tehran did not reach a deal with the US. “I guess I can say I am considering that,” he said in reply to a question from a reporter.
On Sunday, Iranian President Masoud Pezeshkian said nuclear talks with the US have produced “encouraging signals” but warned that Tehran is prepared for any scenario in advance of another round of negotiations set for Thursday.
“Iran is committed to peace and stability in the region,” Pezeshkian wrote on X.
The two countries concluded a second round of indirect talks in Switzerland on Tuesday under Omani mediation against the backdrop of the largest US military build-up in the region since the 2003 Iraq war. They resumed talks in Oman this month.
A third round of indirect talks is scheduled for Thursday in Geneva, but the US has yet to confirm. Oman said on Sunday that the talks are set “with a positive push to go the extra mile towards finalising the deal”.
Iranian Foreign Minister Abbas Araghchi has been leading the negotiations for Iran while the US is represented by envoy Steve Witkoff and Trump’s son-in-law Jared Kushner.
Baghaei dismissed any claim that a temporary agreement had been reached with Washington, adding that speculation on the nuclear talks is not uncommon.
“We do not confirm any of the speculation. The details of any negotiation process are discussed in the negotiating room. The speculation raised about an interim agreement has no basis.”
Al Jazeera’s Tohid Asadi, reporting from Tehran, said there was a “mixture of optimism and pessimism” in Iran’s capital.
“Let’s call it a pragmatically calibrated cautiousness that we see when it comes to Iran’s statements over the past few weeks, specifically following the major military build-up by the Americans in the region,” he said.
He said Iran is considering both scenarios “on the basis of readiness for diplomatic engagement on the one hand and regional confrontation on the other hand”.
The Trump administration said it has been intensifying its build-up of an array of military assets in the Middle East during the talks with Iran. In an interview with the Fox News TV channel on Sunday, Witkoff said Trump was wondering why Iran has not “capitulated” in the face of the military deployment.
Baghaei on Monday stressed that Iranians had never capitulated at any point in their history.
“This is not the first time we have encountered contradictory claims,” the Foreign Ministry spokesman said.
“We leave the judgement to the discerning people of Iran and the country’s political elites to decide about Iran’s negotiating approach and, in turn, the negotiating approach of the United States,” he added.
“No negotiation that begins with an imposed burden and prejudgement will naturally reach a result,” the official said.
He also stressed that Iran’s positions on its nuclear programme and sanctions relief are clear-cut.
“Any negotiation process requires joint action, and there is hope for results if there is goodwill and seriousness on both sides,” Baghaei said.

Feb. 22 (UPI) — A nuclear deal will be the subject of negotiations between Washington and Iran Thursday, officials say.
Steve Witkoff and Jared Kushner will meet with Abbas Araghchi, Iran’s foreign minister, in Geneva following receipt of the proposal, which is expected Tuesday.
“If Iran gives a draft proposal, the U.S. is ready to meet in Geneva in order to start detailed negotiations to see if we can get a nuclear deal,” officials said, per Axios.
President Donald Trump had previously suggested that failure to reach a deal would lead to “bad things.”
Araghchi is slated to finish that proposal by Monday, the outlet reported.
“So there is no need for any military buildup, and military buildup cannot help it and annot pressurize us,” Araghchi said, CBS News reported.
He added that “If the U.S. attacks us, then we have every right to defend ourselves. Our missiles cannot hit the American soil. So obviously we have to do something else. We have to hit, you know, the Americans’ base in the region.”
Oman’s Foreign Minister Badr Al Busaidi has confirmed that further talks between the United States and Iran will take place on Thursday amid spiralling tensions between the two countries.
“Pleased to confirm US-Iran negotiations are now set for Geneva this Thursday, with a positive push to go the extra mile towards finalizing the deal,” Albusaidi said in a social media post on Sunday.
list of 3 itemsend of list
The announcement comes as the US continues to amass military assets in the Middle East, raising concerns about an all-out war against Iran.
Hours before Oman’s announcement, Iran’s Foreign Minister Abbas Araghchi said Tehran was ready to put in place a “full monitoring mechanism” to guarantee the peaceful nature of its nuclear programme and ease tensions.
Asked by Face the Nation moderator Margaret Brennan why Iran would want to pursue enrichment on its soil rather than buy enriched uranium from abroad, given the US military build-up and risk of an escalation, Araghchi said the issue was a matter of “dignity and pride” for Iranians.
“We have developed this technology by ourselves, by our scientists, and it is very dear to us because we have created it – we have paid a huge expense for that,” he said.
Araghchi cited among the costs two decades of US sanctions, the targeted killings of Iranian scientists, and US-Israeli attacks on nuclear facilities in June.
“We’re not going to give [our nuclear programme] up; there is no legal reason to do that while everything is peaceful and safeguarded” by the United Nations nuclear watchdog, the International Atomic Energy Agency (IAEA), Araghchi said.
As a “committed member” of the Non-Proliferation Treaty (NPT), which requires non-nuclear-weapon states not to seek or acquire nuclear weapons, Iran is “ready to cooperate with the agency in full”, Araghchi added.
But he stressed that under the treaty, Tehran also has “every right to enjoy a peaceful nuclear energy, including enrichment”.
“Enrichment is a sensitive part of our negotiations. The American team knows about our position, and we know their position. We have already exchanged our concerns, and I think a solution is achievable,” the minister noted.
Enrichment is the process of isolating and garnering a rare variant, or isotope, of uranium that can produce nuclear fission. At low levels, enriched uranium can power electric plants. If enriched to approximately 90 percent, it can be used for nuclear weapons.
US officials, including President Donald Trump, have previously suggested that Washington is seeking “zero enrichment” by Tehran.
Earlier this month, US Secretary of State Marco Rubio said any deal with Iran would need to include agreements on ballistic missiles and support for its allies in the region.
Araghchi, however, said on Sunday that Iran was “negotiating only nuclear” at the present time.
“There is no other subject,” he told CBS News, adding that he was optimistic that a deal could be reached.
The second round of nuclear talks concluded in Geneva on February 17. The US and Iran also held indirect talks in Oman earlier this month.
The Iranian delegation is working ahead of the meeting to present a draft that includes “elements which can accommodate both sides’ concerns and interests” to reach a “fast deal”, Araghchi said.
The top Iranian diplomat added the agreement would likely be “better” than the Joint Comprehensive Plan of Action (JCPOA), negotiated by former US President Barack Obama in 2015.
“There are elements that could be much better than the previous deal,” he said, without elaborating. “Right now, there is no need for too much detail. But we can agree on our nuclear programme to remain peaceful forever and at the same time, for more sanctions [to be] lifted.”
Some observers were less optimistic about the chances of striking a deal. Trita Parsi, executive vice president of the Quincy Institute, told Al Jazeera that Iran is likely to put forward a proposal that goes beyond anything they ever offered, but even that may not be enough.
“Trump has been sold a narrative by the Israelis that portrays Iran far, far weaker than it actually is. As a result, he’s adopting maximalist capitulation positions that are simply unrealistic based on how the power reality actually looks,” Parsi told Al Jazeera.
“Unless this gets corrected, even if the Iranians put forward a very far-leaning proposal that is extremely attractive to the US, Trump may still say no because he’s under the false belief that he can get something even better.”