DUBAI/TEL AVIV/WASHINGTON, March 26 — Donald Trump said Iran is eager to secure a deal to end nearly four weeks of fighting, while Tehran denied engaging in formal negotiations with Washington.
Speaking at an event in Washington, Trump claimed Iranian leaders were “negotiating” but feared internal backlash and external threats. However, Iran’s Foreign Minister Abbas Araqchi rejected the assertion, stating that no direct talks had taken place. Instead, he emphasized that both sides had only exchanged messages through intermediaries.
Moreover, Araqchi clarified that indirect communication does not constitute negotiations. “It is simply an exchange of messages through our friends,” he said in a televised interview.
Meanwhile, the conflict’s economic impact has intensified globally. The closure of the Strait of Hormuz, a key route for global oil and gas shipments, has triggered severe fuel shortages and soaring costs worldwide.
As a result, industries ranging from aviation to retail are facing supply disruptions and declining demand. Governments are also considering emergency measures similar to those used during the COVID-19 pandemic.
In addition, the World Food Programme warned that prolonged conflict could push tens of millions into acute hunger by June. Farmers in multiple regions are already struggling to secure diesel for essential operations.
At the same time, diplomatic efforts continue behind the scenes. A reported 15-point U.S. proposal, delivered via Pakistan, calls for Iran to halt uranium enrichment, limit missile development, and cut support to regional allies.
However, Israel remains skeptical about Iran’s willingness to comply and fears potential concessions in negotiations.
