Oil Prices Rise as Trump Cancels Diplomatic Visit Amid Iran Negotiation Breakdown
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Oil prices were higher on Monday morning as plans for a second round of peace negotiations between the U.S. and Iran unraveled again.
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BBC BusinessOil prices have risen after plans for a second round of peace talks between the US and Iran stalled again.
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US President Donald Trump on Saturday abruptly canceled a planned visit by two of his administration's negotiators to the Pakistani capital for diplomatic talks to end his illegal war on Iran, complaining that the trip would be "too much work."The president announced his decision after Iranian Foreign Minister Abbas Araghchi left Islamabad on Saturday, writing in a social media post that he relayed to Pakistani officials "Iran's position concerning a workable framework to permanently end the war on Iran." Araghchi added that he has "yet to see if the US is truly serious about diplomacy."Iranian officials said repeatedly in recent days that they had no intention of engaging in direct talks with the T
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Financial TimesPresident said he was no longer sending Steve Witkoff and Jared Kushner to Pakistan
CNBCPresident Donald Trump on Saturday said he has canceled plans to send U.S. special envoy Steve Witkoff and Jared Kushner to Pakistan after Iran's chief negotiator left Islamabad after speaking only to Pakistani officials.
ZeroHedgeIn a sharp reversal,Trump has personally canceled the Witkoff-Kushner trip to PakistanIran denies that FM Abbas Araghchi's trip to Pakistan will include new talks with US, rejecting reports that Trump is sent his negotiating team to restart negotiations.24/7 shuttle diplomacy(via Al Jazeera): There’' been shuttle diplomacy, and as one diplomat said, it's beenrelentless diplomacy that has been put forward by Pakistan from all sides.Iran's military says finger on the trigger: "greater power & readiness than before."Pakistani mediators are"cautiously optimistic"despite it being clear negotiations havebeen at a stalemate.
BloombergPresident Donald Trump canceled a planned trip to Pakistan by his top envoys for negotiations over the Iran conflict, raising questions about the durability of the current ceasefire. (Source: Bloomberg)
BBC BusinessUS President Donald Trump said on Saturday that Washington had cancelled plans to send a team to Pakistan for negotiations with their Iranian counterparts.
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"Nobody knows who is in charge, including them," the president said. "Also, we have all the cards; they have none! If they want to talk, all they have to do is call!!!"
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BBC Business"Nobody knows who is in charge, including them," he said. "Also, we have all the cards; they have none! If they want to talk, all they have to do is call!!!"
3 details only one outlet reported
Independent claims that didn't surface elsewhere in our corpus. Treat as supplementary — not corroborated across outlets.
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01 BBC Business Brent crude, the global benchmark for oil prices, rose over 3% to just under $109 (£80) a barrel on Monday.
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02 CNBC International benchmark Brent oil futures with June delivery rose more than 3% to $108.90 per barrel by 11:20 a.m. ET. U.S. West Texas Intermediate futures with June delivery added nearly 3% to $97.10.
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03 ZeroHedge Summary Araghchi has responded - saying that he has conveyed Iran's position, waiting to see if The US "is truly serious about diplomacy"
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Sources (6)
- cnbc
- commondreams
- zerohedge
- bbc-biz
- ft
- bloomberg