Middle East crisis live: Iran denies Trump’s claims that talks due to take place | World news

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Iran foreign ministry says there are no talks with the US

Hello and welcome to our live coverage of the Middle East.

Esmaeil Baghaei, Iran’s foreign ministry spokesperson, told reporters at a weekly press briefing on Monday that Iran is not currently holding any talks with the US, Reuters reports – contradicting claims made by Donald Trump on Sunday night that talks with Iran would happen the next day.

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Baghaei said that there were no plans to receive a delegation or send an Iranian one, and that Iran’s current focus was on negotiations with Oman over the strait of Hormuz.

“We are now going to reach an understanding on a route acceptable to both sides – neither the northern route nor the southern route – but one that respects the sovereign rights of both sides and safeguards our national interests and security,” he said in an interview with Iranian state television.

On Sunday, Trump told reporters on Air Force One that he decided to hold off on ordering American forces to carry out new strikes against Iran at the urging of Gulf allies Qatar, the United Arab Emirates and Saudi Arabia, including a phone call with Crown Prince Mohammed bin Salman.

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“I said to the crown prince, ‘What would you rather do? Would you rather us do this or not?’” Trump said. “They said we would much prefer a deal as opposed to an attack, because you don’t know where these attacks lead.”

Key events

Julia Kollewe

Julia Kollewe

Crude oil prices fell sharply and European stock markets rallied on Monday after Donald Trump cancelled planned strikes on Iran to focus on negotiations for a peace deal.

Brent crude was trading 5% lower at $83.50 a barrel by mid-morning, after falling as low as $81.55 a barrel. US West Texas Intermediate dropped more than $5 to $79.47 a barrel.

Both global oil benchmarks jumped more than 20% in July after fighting between the US and Iran resumed, and as attacks on several tankers in the strait of Hormuz revived fears for the safety of vessels transiting the important shipping passage.

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