U.S. President Donald Trump said Iran was hopeless to marque a deal to extremity astir 4 weeks of fighting, contradicting the Iranian Foreign Minister who said his state was reviewing a U.S. connection but had nary volition of holding talks to upwind down the conflict.
Iranian Foreign Minister Abbas Araghchi said portion determination had been nary dialog oregon dialog with the U.S., assorted messages had been exchanged done intermediaries.
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“Messages being conveyed done our affable countries and america responding by stating our positions oregon issuing the indispensable warnings is not called dialog oregon dialogue,” Mr. Araghchi said successful a authorities tv interrogation connected Wednesday (March 25, 2026). “It is simply an speech of messages done our friends.”
Mr. Trump, speaking aboriginal connected Wednesday (March 25) astatine an lawsuit successful Washington, said Iranian leaders “are negotiating, by the way, and they privation to marque a woody truthful badly, but they’re acrophobic to accidental it due to the fact that they volition beryllium killed by their ain people. They’re besides acrophobic they’ll beryllium killed by us.”
Mr. Trump has not identified who the U.S. is negotiating with successful Iran, with galore high-ranking officials among the thousands of radical that killed crossed the West Asia since the U.S. and Israel attacked Iran connected February 28 and Iran launched strikes against Israel, U.S. bases and Gulf states.
Iran’s ultimate commandant Ayatollah Ali Khamenei was killed connected the archetypal time of the struggle by an Israeli onslaught and was replaced by his lad Mojtaba, who has been wounded successful strikes and not been seen successful immoderate photograph oregon video clip since his appointment.
Impacts of struggle dispersed acold and wide
The fallout from the conflict, which has caused the worst vigor daze successful history, has spread acold beyond the region. With the Strait of Hormuz, a conduit for a 5th of the world’s lipid and liquefied earthy gas, efficaciously closed, substance shortages are occurring astir the globe and businesses from airlines to supermarkets and utilized car dealers are grappling with challenges including rising costs, weakening request and disrupted proviso chains. Some governments are weighing enactment measures past utilized during the COVID pandemic.
Farmers are struggling to root diesel for their tractors and tens of millions much radical will look acute hunger if the warfare continues into June, the World Food Programme estimates.
A 15-point U.S. connection to extremity the conflict, sent done Pakistan to Iran, calls for removing Iran’s stocks of highly enriched uranium, halting enrichment, curbing its ballistic rocket programme and cutting disconnected backing for determination allies, according to 3 Israeli furniture sources acquainted with the plan.
The White House declined to disclose specifics of its connection and threatened to escalate its strikes.
“If they neglect to recognize that they person been defeated militarily, and volition proceed to be, President Trump volition guarantee they are deed harder than they person ever been deed before,” White House property caput Karoline Leavitt told reporters.
A elder Israeli defence authoritative said Israel was skeptical Iran would hold to the terms, and that Israel was acrophobic U.S. negotiators mightiness marque concessions. Israel besides wants immoderate statement to sphere its enactment to behaviour pre-emptive strikes, a 2nd root said. Additionally, Iran has told intermediaries that Lebanon indispensable beryllium included successful immoderate ceasefire statement with the U.S. and Israel, six determination sources acquainted with Iran’s presumption said.
Stock rally fades, lipid prices resume rise
Hopes of a solution to the struggle that had boosted planetary banal markets the erstwhile league faded connected Thursday, with lipid prices resuming their surge.
“Optimism regarding a ceasefire has faded,” said Tsuyoshi Ueno, elder economist astatine NLI Research Institute.
Meanwhile, missiles and drones kept striking targets crossed the Gulf.
Early connected Thursday (March 26, 2026), the Israeli subject said it had completed a wide-scale question of strikes targeting infrastructure successful respective areas crossed Iran, aft different question of attacks connected Wednesday.
Admiral Brad Cooper, the Central Command main starring U.S. forces successful the Middle East, said the U.S. had deed implicit 10,000 targets wrong Iran and was connected way to bounds Iran’s quality to task powerfulness extracurricular its borders.
Admiral Cooper said successful a video briefing connected Wednesday (March 25) that 92% of Iran’s largest naval vessels had been destroyed and that its drone and rocket motorboat rates were down by much than 90%. The U.S. and Israel person damaged oregon destroyed two-thirds of Iran’s missile, drone and naval accumulation facilities and shipyards, Cooper said. The Pentagon is meantime readying to nonstop thousands of airborne troops to the Gulf to springiness Trump much options to bid a crushed assault, sources person told Reuters, adding to 2 contingents of Marines already connected their way. The archetypal Marine unit, aboard a immense amphibious battle ship, could get astir the extremity of the month. U.N. Secretary-General Antonio Guterres connected Wednesday (March 25) warned: The “world is staring down the tube of a wider war” successful the region.
“It is clip to halt climbing the escalation ladder – and commencement climbing the diplomatic ladder,” helium said astatine the U.N. office successful New York.

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