Trump Says US Nears Nuclear Deal with Iran amid Peace Talks

U.S. President Donald Trump expressed optimism about nearing a nuclear agreement with Iran, stating that Tehran has "sort of" agreed to the terms and emphasizing a preference for diplomacy over military action. Trump highlighted that the negotiations aim for long-term peace and that the U.S. will not create "nuclear dust in Iran," signaling a potential avoidance of strikes on Iran's nuclear facilities. Despite these positive remarks, Iran noted that recent U.S. sanctions on its oil shipping and ballistic missile programs are incompatible with the negotiation process, potentially impacting Tehran's position. The talks, which have included several rounds and are set to continue, reflect a complex dynamic where both sides publicly favor diplomatic resolution but remain at odds over sanctions and enrichment activities. Concurrently, Trump’s Middle East visit includes discussions with regional leaders on investment and technology cooperation, with the U.S. considering lifting export restrictions to support Gulf states' technological ambitions. This evolving situation has influenced global markets, evidenced by a significant drop in oil prices following Trump’s announcement.