Live: Iran to Respond on Prospects of US Talks After Leadership Consultations

Why It Matters

The deadlock keeps oil prices elevated, squeezing global consumers and forcing policymakers to fast‑track energy‑security and diversification measures.

Key Takeaways

• Iran proposes three‑phase deal, delaying nuclear talks until war ends
• Trump rejects proposal, orders extended naval blockade and possible strikes
• Oil prices surge above $126, driven by Strait of Hormuz tensions
• UAE exits OPEC, could increase supply and ease price pressures
• EU pushes energy independence, warns prolonged Middle East conflict impacts markets

Summary

The live broadcast focused on Iran’s newly unveiled three‑phase negotiation plan and the United States’ hard‑line reaction, set against a backdrop of soaring oil prices and escalating regional tensions.

Tehran’s proposal separates conflict resolution, Strait of Hormuz management, and nuclear discussions into sequential stages, insisting the U.S. lift its naval blockade before any nuclear talks. Washington, led by President Donald Trump, dismissed the plan, reaffirmed red lines on Iran’s nuclear ambitions, and signaled an extended blockade and possible strikes. Brent crude jumped over 7% to $126 a barrel, while the United Arab Emirates announced its exit from OPEC, hinting at higher output that could temper prices. The European Commission, under Ursula von der Leyen, warned of a second energy crisis and urged faster diversification toward renewables and nuclear power.

Trump boasted, “We’ve knocked out their navy, air force…,” while Secretary of State Marco Rubio called Iran’s approach a “time‑buying ploy.” Von der Leyen emphasized reducing dependence on imported fossil fuels and coordinating gas and LNG procurement as a bloc. Gulf Cooperation Council members uniformly condemned any attempt to close the Strait of Hormuz, and Qatar advocated a diplomatic solution.

The standoff threatens to keep oil at historic highs, inflating consumer costs worldwide and pressuring governments to accelerate energy‑security strategies. A prolonged deadlock could also reshape OPEC dynamics, boost non‑OPEC production, and force the EU to fast‑track its renewable and nuclear rollout, while U.S.-Iran relations remain at a critical juncture.

Original Description

Iran is expected to respond on the question of talks with the United States after internal leadership consultations, Pakistani Prime Minister Shehbaz Sharif said, adding that Iranian Foreign Minister Seyed Abbas Araghchi has conveyed Tehran's position will be clarified following high-level discussions. Meanwhile, US President Donald Trump is reported to be planning an extended blockade on Iran, underscoring continued pressure despite a fragile ceasefire and stalled diplomacy. CGTN brings you the latest. #CGTNOnSite