Despite President Trump’s repeated assertions that a deal was likely to be completed soon, Iran has maintained that a final decision on an accord to resolve the current crisis with the US has not yet been reached. On Thursday, Trump announced that the United States will hit Iran “very hard” once more. However, he subsequently announced that he was calling off the strikes because negotiators had “just made a great settlement” with Iran.
He informed reporters that there would “probably” be a signing ceremony in Europe and that it was “subject to finalization of documents, which should get done, over the next few days.” However, Esmail Baghaei, a spokesman for Iran’s foreign ministry, stated that “nothing has been finalized” and that rumors of an agreement were “speculative.” Trump has repeatedly stated that a deal with Iran was imminent but never came to pass.
On February 28, the US and Israel began extensive strikes against Iran. In response, Iran closed the Strait of Hormuz, a vital shipping route for the world’s oil and liquefied natural gas, and attacked Israel and US-allied nations in the Gulf. The US and Iran have engaged in sporadic gunfire, including two rounds of tit-for-tat strikes this week, despite having reached a ceasefire in April. Additionally, Trump has frequently raised the possibility of an agreement with Iran.
Following his most recent remarks, the price of Brent crude fell 4.4% on the day to almost $89 per barrel (£66).Despite President Trump’s repeated assertions that a deal was likely to be completed soon, Iran has maintained that a final decision on an accord to resolve the current crisis with the US has not yet been reached.
Also Read:
Production City Receives a Dh1 billion project from Dubai’s Samana.
ED Finds INR 3,000 Cr Digital Currency Fraud and Apprehends Man Who Is Wanted by FBI
