Trump says Iran talks to resume Monday after calling off planned strikes

Skip NavigationMarketsPre-MarketsU.S. MarketsCurrenciesPrediction MarketsCryptocurrencyFutures & CommoditiesBondsFunds & ETFsBusinessEconomyFinanceHealth & ScienceMediaReal EstateEnergyClimateTransportationInvestigationsIndustrialsRetailWealthSportsLifeSmall BusinessInvestingPersonal FinanceFintechFinancial AdvisorsOptions ActionETF StreetBuffett ArchiveEarningsTrader TalkTechCybersecurityAIEnterpriseInternetMediaMobileSocial MediaCNBC Disruptor 50Tech GuidePolitics & PolicyWhite HousePolicyDefenseCongressExpanding OpportunityVideoLatest VideoFull EpisodesLivestreamLive AudioLive TV ScheduleCNBC PodcastsCEO InterviewsCNBC DocumentariesDigital OriginalsWatchlistInvesting ClubTrust PortfolioAnalysisTrade AlertsMeeting VideosHomestretchJim's ColumnsEducationSubscribePROPro NewsJosh BrownMike SantoliCalls of the DayMy PortfolioLivestreamFull EpisodesStock ScreenerMarket ForecastOptions InvestingChart InvestingSubscribeLivestreamMenuMake ItselectUSAINTLLivestreamSearch quotes, news & videosLivestreamWatchlistSIGN INCreate free accountMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenu (function() { const userMembershipOnLastVisit = localStorage.getItem("cnbcMeta__cachedUserMembership"); if (!userMembershipOnLastVisit) { // If no user membership is stored, user is likely not logged in. // These users will typically see the banner. return; } const { isPro, isInvestingClubUser } = JSON.parse(userMembershipOnLastVisit); if (!(isPro || isInvestingClubUser)) { // We’re rendering the top banner for users who are not pro or investing club members. return; } // Hide the banner for pro and investing club users. const style = document.createElement("style"); style.id = "top-banner-placeholder-style"; style.innerHTML = "[data-top-banner-placeholder] { display: none; }"; document.head.appendChild(style); })() Politics & PolicyTrump says Iran talks to resume Monday after calling off planned strikesPublished Sun, Aug 2 202610:23 PM EDTAnniek Bao@in/anniek-bao-460a48107/@anniekbyxWATCH LIVEKey PointsTrump said negotiations with Iran will begin Monday after he decided to hold off on new strikes.Shipping risks persist even as diplomacy has advanced, with a U.K. maritime agency reporting an incident in the northeast of Oman. A parallel track with Muscat is also advancing with Iran-Oman negotiations over the Strait of Hormuz reportedly in their final stages. In this article@LCO.3Follow your favorite stocksCREATE FREE ACCOUNTSatellite view of Iran (with mask). This image was compiled from data acquired by LANDSAT 5 & 7 satellites., Iran, Middle East, Asia, True Colour Satellite Image With Mask (Photo by Planet Observer/Universal Images Group via Getty Images)Planet Observer | Universal Images Group | Getty ImagesU.S. President Donald Trump said negotiations with Iran will begin Monday after he held off on new strikes against the Middle Eastern country, once again raising hopes for a diplomatic resolution to the conflict that has upended energy supplies."Now what we're doing is we're talking to them in the form of a negotiation. It begins tomorrow afternoon," Trump told reporters Sunday aboard Air Force One, without disclosing the venue or participants. He said he had called off the strikes at the request of Saudi Arabia, the United Arab Emirates, Qatar and Iran, and described a deal covering the Hormuz Strait and Iran's denuclearization as "imminent." Trump said on Saturday the planned operation would have been the biggest since World War II, while adding that the U.S. was ready to attack Iran. The Strait of Hormuz — which handled around one-fifth of global oil supply before the war — has seen traffic drop to a trickle with sporadic increase in ship transits on positive headlines.Oil r