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Iran Has No Plans for Talks With U.S., Says State Media

· World · The Hindu, news24

State media in Iran reported on Monday that no new talks were planned with the United States following remarks from U.S. President Donald Trump. The official Islamic Republic News Agency cited an unnamed source close to Iran's UN delegation in New York to confirm that no negotiations are scheduled. The announcement comes after Mr. Trump stated on Sunday that he expected talks to resume soon. The U.S. President made his remarks a day after rejecting a proposal by Tehran to reopen the Strait of Hormuz within seven days. Oil prices spiked following Mr. Trump's rejection of the truce offer.

Why it matters

The breakdown in diplomatic talks and the continued tension over the Strait of Hormuz directly impact global crude oil prices, affecting energy costs for importing nations including India.

Read the original report — The Hindu

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