Petroleum prices witnessed a sharp drop on Monday after US President Donald Trump indicated that a possible resolution of the ongoing Middle East Conflict may be in the offing. (Image X @war_and_state02)
New Delhi: In a major relief, petroleum prices witnessed a sharp drop on Monday after US President Donald Trump indicated that a possible resolution of the ongoing Middle East Conflict may be in the offing. In a statement on social media on Monday, Donald Trump informed that the US and Iran have held talks aimed at resolving the the ongoing military showdown in the Middle East.
The situation in global politics is changing rapidly. Just 40 hours after threatening to wipe Iran off the map, US President Donald Trump is now providing details regarding talks with Iran. However, Iran has denied the existence of any such negotiations. On Monday—after halting attacks on Iran for a five-day period—when asked about control over the Strait of Hormuz, Trump replied, "Perhaps [it will be] me and the new Ayatollah—whoever the new Ayatollah may be."
Speaking to reporters aboard Air Force One in Florida, Trump stated that as soon as an agreement is reached with Iran, crude oil prices will drop sharply. Trump claimed that during recent discussions, "consensus on several major issues" has been reached between the United States and Iran. These talks have focused on Iran's nuclear program and the dismantling of its stockpile of enriched uranium. Trump remarked that if this five-day ceasefire proves successful, a resolution to the conflict in the Middle East could be found.
When asked—given that he does not recognize Mojtaba Khamenei's rule as legitimate—who exactly he is speaking to in Iran, Trump did not give a direct answer; instead, he simply stated that he is communicating with a highly respected individual within Iran. He said, "We have eliminated the first, second, and to a large extent, the third tiers of their [Iran's] leadership. But now, we are speaking with the person whom I consider to be the most respected figure and the true leader." He further added, "We want to ensure that no further uranium enrichment takes place, but we also want to secure the enriched uranium they currently possess."
Trump—who had previously suggested he could have eliminated Iran's Supreme Leader during the very first day of attacks—stated that he has had no direct communication with Mojtaba Khamenei. However, he emphasized that he does not wish for any harm to befall Mojtaba. Furthermore, when asked about his 48-hour deadline, Trump claimed that the initiative for these talks had come from the Iranian side. Consequently, he had called off his attack.
It is worth noting that while Trump may be speaking of dialogue and peace, Iran has denied the existence of any such talks. Iran has stated that Trump is lying in an attempt to keep oil prices under control. Under no circumstances, they assert, is Iran at the negotiating table with the United States.
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