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Gambity Breaking Iran's foreign minister says no return to talks de…
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Iran's foreign minister says no return to talks decided as Oman mediates

Iran's Foreign Minister Abbas Araghchi confirmed Saturday that Tehran has reached no decision on resuming nuclear negotiations with Washington, even as Omani intermediaries work to establish viable routes for renewed contact.
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Iran's foreign minister says no return to talks decided as Oman mediates

Iran's foreign minister says no return to talks decided as Oman mediates

Iran's Foreign Minister Abbas Araghchi confirmed Saturday that Tehran has reached no decision on resuming nuclear negotiations with Washington, even as Omani intermediaries work to establish viable routes for renewed contact. Araghchi tied any movement on Hormuz shipping conditions directly to US concessions — a sequencing demand Washington has not accepted. The statement came hours after Trump's territorial claim over the strait, but Araghchi's framing treats that claim as background noise rather than a new variable. Oman's mediation role is structurally familiar; what is less clear is whether either government has given Muscat anything new to carry. The gap between "working on routes" and "deciding to talk" is where deals die. Prediction markets pricing a near-term diplomatic breakthrough on Iran's nuclear file are running against a foreign minister who just told them, in plain language, that no breakthrough has been authorized — and against a US posture that has added territorial maximalism to its existing conditions list.

Eleanor Ashworth
About the analyst
Senior Markets Analyst
Eleanor Ashworth spent fourteen years at one of the three largest strategy consultancies in the world before the financial crisis of 2008 proved her right about everything she had written in three internal memos that nobody wanted to read. She was not one of the people who was wrong. She left in 2009 — not because she was asked to, but because she could not stay.
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