THE BARE STORY
President Donald Trump said he sees no reason to escalate the war with Iran, while expressing support for a diplomatic resolution if negotiations produce an agreement addressing U.S. objectives.
Diplomatic efforts remain stalled, according to Secretary of State Marco Rubio, who said Iran’s demands were unacceptable. Rubio said the two sides were not close to a breakthrough. Iran’s Foreign Ministry spokesperson, Esmaeil Baqaei, said Tehran had proposed reducing the period for implementing a possible agreement from seven days to two.
Baqaei said Iran wants U.S. sanctions lifted and fighting ended before negotiations resume. He also said Tehran maintains that nuclear discussions should follow an end to military action and threats. The Trump administration has said restrictions on Iran’s nuclear program must be part of an initial peace agreement.
Oil prices fell on Monday following Trump’s comments, with both Brent crude and U.S. benchmark futures trading lower. Trump was scheduled to meet Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani at the White House to discuss indirect peace negotiations.
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