The war between the US and Iran may be coming to an end as the US prepares to hold peace talks with Iran. This comes as the Iran war enters its fourth week, while Trump said that they are considering ending their efforts in the Middle East regarding Iran.
US plans what peace talks could look like in the Iran war
According to Axios reportThe Trump administration has begun preliminary discussions about what peace talks with Iran might look like. A US official and two people familiar with the matter told Axios that Egypt, Qatar and the UK passed messages between the US and Iran. Egypt and Qatar have reportedly informed the United States and Israel that Iran is interested in negotiating, but on very difficult terms.
Iranian demands include a ceasefire, guarantees that the war will not resume, and compensation. On the other hand, the United States wants six commitments to end the war with Iran. These conditions include that Iran will not have a missile program for five years, not enrich uranium to zero, and not fund proxies such as Hezbollah, along with other conditions intended to place controls on its nuclear weapons plans.
This development comes as the Iranian war enters its fourth week, as the conflict has shaken the global economy with oil prices rising to new record levels. The United States has so far taken several steps to curb volatile oil prices, even as it intensifies its attacks against Iran.
As CoinGape reported, The United States eased sanctions on Iranian oil As part of efforts to stabilize oil prices, which has led to a rebound in the cryptocurrency market today. However, experts warned that the move is unlikely to stabilize oil prices.
Trump says the United States is considering reducing its military efforts
In a post on the Truth Social website, US President Donald Trump said that the United States is considering reducing military efforts in the Middle East, in relation to the Iran war. This came as he indicated that they were close to achieving their goals.
Trump stated that they weakened Iran’s missile capability and destroyed other military capabilities. Considering reducing military efforts is a big positive step for us Crypto pricesWhich has been under pressure due to high oil prices.
It is worth noting that potential peace talks in the Iran war are likely to include reopening the Strait of Hormuz, which has greatly contributed to the rise in oil prices. The strait, which is a key checkpoint for about 20% of the world’s oil supply, is effectively closed as Iran aims to use it to pressure the United States and Israel.
