US President Donald Trump on Tuesday said he no longer sees any point in engaging with Iran, declaring that negotiations over the country's nuclear programme are effectively over while launching a blistering attack on Tehran's leadership. Reuters reported that Trump accused Iranian leaders of negotiating in bad faith and suggested there was no reason for the United States to continue diplomatic efforts. "To me, I think it's over. I don't want to deal with them. They're scum. They're sick people. They're led by sick people," Trump said. "As far as I'm concerned, it's just a waste of time dealing with them. They're liars." ALSO READ: Hormuz Tensions To Escalate After US Strikes? Iran Says It Won't Allow Interference In Strait "We make a deal, they go outside, talk to the press, they say we never even talked about it. There's something wrong with them. They're cuckoo. As far as I'm concerned, it's over," he added. "They can talk, but I think they're wasting their time," Trump said, speaking to reporters during the NATO summit in Ankara, Turkey. Trump's comments come at a time of heightened tensions between Washington and Tehran following recent military confrontation in the region. According to Reuters, the remarks were made as the US resumed military strikes on Iranian targets after attacks linked to the Strait of Hormuz, further raising concerns over the possibility of a broader regional conflict. ALSO READ: US-Iran War Live News Updates: Ceasefire Is Over, Says Trump; Tehran Declares US-Linked Sites Legitimate Targets The latest verbal remark marks one of Trump's strongest dismissals of diplomacy with Iran since the recent escalation. His comments indicate that the administration is increasingly sceptical about the prospects of reaching a fresh agreement over Tehran's nuclear programme. Reuters also reported that the recent exchange reflects the widening divide between the two countries, with diplomatic channels appearing to have stalled as military tensions continue to rise. The moves are being keenly followed by regional allies and global markets, amid fears that any further escalation might have huge geopolitical and economic consequences. Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
US President Donald Trump on Tuesday said he no longer sees any point in engaging with Iran, declaring that negotiations over the country's nuclear programme are effectively over while launching a blistering attack on Tehran's leadership. Reuters reported that Trump accused Irani…
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A tanker identified as the Kaifan was struck by an unknown projectile northeast of Oman’s Limah in the Strait of Hormuz, according to a July 21 report from UK Maritime Trade Operations. No ships were observed transiting the strait that day. Attribution of the strike and links to prior incidents have not been confirmed by the vessel’s owner.
Goldman Sachs has projected Brent crude averaging $80 per barrel in the fourth quarter and $75 in the following year, conditional on reduced Middle East tensions, while noting upside risks from potential shipping disruptions in the Strait of Hormuz or Red Sea.
Brent prices rose above $91 per barrel amid recent U.S.-Iran exchanges and Houthi threats to Saudi shipments before edging lower on Tuesday. A senior Iranian official told Reuters that mediators had proposed a 10-day ceasefire to preserve an interim agreement.
Opening summary: Iran claims attacks on strait of Hormuz ships amid fresh US strikes Welcome to our live coverage of the latest developments in the Middle East crisis. Iran attacked a tanker in the strait of Hormuz early on Tuesday, forcing its crew to abandon the ship, as Yemen’s Iran-backed Houthis announced they were imposing an immediate maritime blockade of Saudi Arabia in the Red Sea after the two sides traded fire last week for the first time in years.
A Houthi official said the Bab al-Mandeb strait – at the southern end of the Red Sea, through which about 12% of the world’s trade usually passes – would be closed to the Saudis in response to the kingdom’s “unjust blockade on Yemenis for over 10 years”.
Saudi Arabia said it would take “all necessary measures to protect its vessels in accordance with international law”. A 10 consecutive night of US airstrikes has not compelled Tehran to loosen its grip on the strait of Hormuz, a vital route for global energy supplies.
But even as Iran’s president said the country had returned “full-scale war”, the Iranian interior minister travelled to Pakistan – a key mediator in the conflict – for talks. In key developments: The latest US strikes came hours after Donald Trump said Iran would pay “many times over” for killing US soldiers after multiple service members were killed in action over the weekend.
A tanker came under attack early Tuesday in the Hormuz strait off Oman, forcing the crew to abandon the vessel, the British military’s United Kingdom Maritime Trade Operations centre said. Iran’s Revolutionary Guards claimed the attack as well as two other attacks on ships in the waterway on Monday.
The US military’s Central Command said its latest airstrikes were to “degrade” Iran’s ability to attack commercial shipping in the strait and included hitting military command centres and missile and drone launch sites. Iranian media reported strikes in parts of the country including Bandar Abbas, Tabriz and Bushehr, home to the country’s only operational civilian nuclear power.
Iran’s launched attacks in response against Bahrain, Kuwait and Jordan, which all host US forces. Oil prices softened after hitting their highest levels in more than a month in the previous session. Brent crude futures eased 0.4% to $88.87 a barrel by 0052 GMT on Tuesday while US West Texas Intermediate crude for September delivery was steady at $82.
47 a barrel. Democrats have seized on the deaths of three US troops killed in Iranian strikes to urge Trump to urgently reverse his resumption of the war with Iran amid widespread anxiety over climbing casualties. The Lebanese army began taking charge of security in three southern villages, the US said, as a deal to secure an Israeli withdrawal from southern Lebanon and the disarmament of Hezbollah faced its first test on the ground.
US forces struck the tanker Settebello in the Gulf of Oman on June 10, killing three Indian crew members when munitions hit the engine room and adjacent areas. Maritime tracking data indicate the vessel had transported Iranian oil under US sanctions for several years and conducted offshore transfers prior to the strike.
The US military described the action as a precision operation, while reports note the ship was stationary at the time.