WASHINGTON, July 31, 2026 – U.S. President Donald Trump has confirmed that the United States and Iran have resumed negotiations, describing the discussions as constructive while warning that military action remains an option if diplomacy fails.
Speaking about the renewed contacts, Trump said Washington is engaged in “good talks” with Tehran and suggested that a diplomatic agreement aimed at easing tensions remains possible.
The U.S. president argued that Iran’s decision to return to the negotiating table followed sustained military pressure, claiming Tehran sought talks after recent American airstrikes.
Despite the renewed diplomatic efforts, Trump cautioned that the United States would resume its air campaign against Iran if negotiations do not produce satisfactory results.
The talks come after Washington suspended its two-week air campaign against Iran last Saturday, marking another significant shift in the U.S. administration’s strategy during a conflict that has now lasted five months.
Meanwhile, Saudi Arabia reported that its air defense systems intercepted several drones targeting oil facilities. According to Saudi authorities, the drones were launched from Iraqi territory by an Iran-backed militia. Riyadh said it reserves the right to respond to the attacks.
Financial markets reacted positively to the pause in hostilities between Washington and Tehran. Global crude oil prices fell by more than six percent, dropping below $90 per barrel as investors responded to expectations of reduced geopolitical risk in the region.
While both sides have returned to negotiations, the prospects for a broader agreement remain uncertain, with diplomatic efforts continuing alongside persistent regional security concerns.
