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The Economic Times

Global Business / The Economic Times

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Trump says new Iran talks set to start on Monday after calling off massive attack

US Iran news: New negotiations between the US and Iran will begin Monday to end the ongoing war. Talks will focus on the Strait of Hormuz and Iran's denuclearization efforts. Oil prices dropped as the announcement of these new talks was made. Iran is nearing a deal with Oman over a new route through the strait. The conflict has seen periods of calm and escalation since February.

3 Aug 2026 6:29 am