• #521
Oil prices dropped Monday and stock futures soared after President Trump said the U.S. will postpone further strikes on Iranian energy infrastructure for five days, citing productive talks between the two countries.
Brent crude futures fell more than 10%, dipping below $100 a barrel for the first time in days.

U.S. stock futures jumped, with contracts tied to the Dow industrials and the S&P 500 advancing 2.5%—reversing declines from earlier in the morning, when the prospect of further escalation hung over markets. The 10-year U.S. Treasury yield, which had earlier jumped above 4.4%, retreated sharply on the news of the talks.


 
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President Trump said Monday that the United States and Iran were negotiating a “total resolution of our hostilities in the Middle East,” and that he would postpone any American attacks on Iranian power plants by five days.

Iran, at least publicly, rejected any progress in ending the U.S.-Israeli war on the country, now in its fourth week. American, Israeli and Iranian officials have frequently given clashing statements throughout the war as they seek to advance their competing agendas and motives.

“China’s economy looks strong on the surface but is structurally fragile underneath,” cautioned Alicia Garcia-Herrero, chief economist for the Asia-Pacific region at Natixis.

“If the oil shock tips the global economy into a severe downturn, export orders collapse. Chinese factories slow. Jobs are lost … a global recession would hurt China as much as anyone, and possibly more in some areas.”
 
  • #525
Article from 23 March 2026:
Israel’s defence minister has announced that his country is expanding its ground campaign in Lebanon. Israel Katz warned of a prolonged operation against the Iran-backed group, Hezbollah, after the Israeli government ordered the destruction of all crossings over the Litani River.
 
  • #526
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Someone is not telling the truth. Iran denies they spoke with the US. The US declares that they spoke with Iran.

"Iran denies that there have been talks with the US in the past 24 hours.

A State Department spokesperson said this after US President Donald Trump spoke about "key points of agreement".
...

Several European leaders, such as British Prime Minister Keir Starmer, German Chancellor Friedrich Merz, and EU High Representative Kaja Kallas, say they welcome the talks between the US and Iran.

Russia has also responded to the statements by US President Donald Trump. "Various statements were made today, some of which are contradictory. We continue to monitor the situation closely and hope that a peaceful course will be set soon," the Kremlin responded.
...

In a conversation with journalists before boarding the presidential plane in Florida, US President Donald Trump reiterated that American envoys have held talks with Iran. ...

According to Trump, "Iran wants to make a deal." "They have agreed to no longer possess nuclear weapons." Trump also says that it "will be very easy to get hold of enriched uranium once a deal has been reached."

 
  • #528
Again, the US reports productive talks between the US and Iran. Iran denies that talks have taken place.

"President Trump is postponing the deadline for opening the Strait of Hormuz by five days, because, according to Trump, progress has been made in the rapprochement with Iran. However, Iran denies that talks have taken place, directly or indirectly, and says that Trump is trying to manipulate the oil price in this way.
...

"I am pleased to report that the US and Iran have had good and productive talks over the past few days regarding a complete end to hostilities in the Middle East," Trump writes in all capital letters on Truth Social. "Given the tenor and tone of these in-depth, detailed, and constructive talks, which will continue this coming week, I have instructed the Department of War to refrain from military strikes on Iranian power plants and infrastructure for five days."

 
  • #529
Ukraine's military intelligence has "irrefutable" evidence that Russia continues to provide intelligence ‌to Iran, Ukrainian President Volodymyr Zelenskiy said on Monday after meeting the head of ⁠military intelligence.

"Russia is using its own signals intelligence and electronic intelligence capabilities, as well as part of the data obtained through cooperation with ‌partners ⁠in the Middle East," he said on X.

President Trump announced the U.S. will pause its strikes on Iran’s energy infrastructure for five days. Trump said he has had “productive” conversations with Iranian leaders and hopes they can agree to a complete and total resolution in the Middle East.

Meanwhile –– Iran pushed back on Trump’s announcement: A senior Iranian official disputed Trump’s claim that there are negotiations between the two countries, arguing Trump has “backed down” due to pressure from the markets and allies.

“Trump backed down from attacking critical infrastructure as Iran’s military threats became credible. Financial market pressure and the threat of bonds within the U.S. and the West have increased, and this has been another important factor in this retreat,” the senior official told Iran’s Fars News Agency in translated remarks
 
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Who is the US negotiating with if not Iran's leaders?

"US President Donald Trump reiterated that American envoys have held talks with Iran.

Specifically with "a respected Iranian leader," said Trump, without specifying who he meant. It was not Supreme Leader Mojtaba Khamenei: "We do not know if he is still alive."

His advisor Steve Witkoff and his son-in-law Jared Kushner were involved in the "intensive" talks, and according to Trump, "important points of agreement" were reached.

According to Trump, "Iran wants to make a deal." "They have agreed to no longer possess nuclear weapons." Trump also says that it "will be very easy to get hold of enriched uranium once a deal has been reached."

Asked what Israel thinks about the talks between the US and Iran, Trump replied that "Israel will be very happy with the deal."

 
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US Government statements described as "Fake News"

"Iran's denial that any talks have taken place complicates this narrative for the administration and will likely make for awkward questions.

Already, an unnamed Iranian source quoted by Fars News Agency, affiliated with Iran's Islamic Revolutionary Guard Corps (IRGC), characterised Trump's statement as something of a victory for the regime, claiming Trump "backed down" after Iran's threats to launch retaliatory strikes against energy infrastructure across the region.

Iranian parliamentary speaker Mohammad-Bagher Ghalibaf. meanwhile, denied the talks had happened and called it "fake news".

Iran's denial that any talks have taken place, however, complicates this narrative for the administration and will likely make for awkward questions.
...

It could be the move of a president who had put himself into a difficult spot looking for a way to buy himself more time."

 
  • #533
“No negotiations have been held with the US, and fakenews is used to manipulate the financial and oil markets and escape the quagmire in which the US and Israelare trapped,” Ghalibaf said in a post on X.

It came as US president Trump announced “very good” talks on Monday with an unidentified Iranian official after abruptly shelving plans to attack the Islamic republic’s power plants.

The Axios new site, citing an unnamed Israeli official, named Trump’s interlocutor as Ghalibaf.
 
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Trump also held out the possibility of a resolution to the war — though Iranian officials denied there were negotiations. Trump later told reporters that U.S. envoys have been holding talks with a “respected” Iranian leader.
The US still has the world's largest military budget, but China is catching up. Analysts say Beijing's focus remains on Taiwan, and it is taking notes as the US‑Israel war with Iran and Russia's invasion of Ukraine unfold

China
has ramped up military spending over the past decade, with its 2026 defense budget nearly seven percent higher than last year.

Precise figures are not public, but analysts believe Beijing is investing in new warships, advanced fighter jets and additional nuclear weapons.

Experts say the People's Liberation Army remains focused on reunifying with Taiwan, the self‑ruled island China regards as a breakaway province.
 
  • #535
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  • #537
In a message seen as being directed at Israel, French President Emmanuel Macron has issued a warning that “occupation” does not bring security during an event attended by a Lebanese minister.

“No occupation, no form of colonisation – not here, not in the West Bank, nor anywhere else – is able to ensure the security of anybody,” Mr Macron said as he opened an exhibition at the state-funded Institute of the Arab World in Paris.

He was speaking alongside Lebanon’s culture minister, Ghassan Salame. The remark came as Israel waged an offensive on Lebanon, targeting Hezbollah, which launched rockets and missiles at Israel in retaliation for the US-Israeli war on Iran that, at its start, killed the Islamic republic’s supreme leader.

 
  • #538
Asian countries are turning to coal as the Iran war disrupts oil and gas shipments.

The continent is exposed because it relies on imported fuel, much of it passing through the Strait of Hormuz — a chokepoint for about a fifth of global oil and natural gas trade.

LNG is a natural gas cooled to liquid form for easy storage and transport. It has been promoted as a bridge fuel in the shift from oil and coal to cleaner energy sources. The U.S. has sought to expand exports of LNG across Asia. It burns cleaner than coal, but still emits climate change -causing gases, especially methane.

The war has countries shifting back to coal to cover LNG shortfalls. India is burning more coal to meet higher summer demand. South Korea has lifted caps on electricity from coal. Indonesia is prioritizing using its domestic supply. Thailand, the Philippines and Vietnam are boosting coal-fired power
 
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  • #540
"US President Donald Trump has completely bogged himself down in the Middle East by starting a war against Iran. That is the conclusion of David Criekemans, Professor of International Politics at the University of Antwerp.

He absolutely underestimated it,” Criekemans reflects. “He thought he could bring Iran to its knees with a bombing campaign, but actually Donald Trump doesn’t know how to get out of this."

By plunging into a war, Trump has caused major problems for international markets, with looming shortages of oil, gas, and fertilizers that cannot be transported from the Persian Gulf to the rest of the world. As a result, Trump has come under pressure from both the financial markets and public opinion.

How can Trump still get out of this? The professor thinks Trump must accept his defeat by withdrawing. “There will have to be some form of de-escalation, I fear.” Continuing the war threatens to make the situation even more complex. Meanwhile, both Iran and Israel are still reaping the benefits: the existential strategy of the Iranian regime appears to still be working.

Meanwhile, Israeli Prime Minister Benjamin Netanyahu—according to Criekemans, the central player in this conflict—can continue to win over voters domestically by achieving military successes, while Trump risks losing face."

 

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