resume this afternoon

U.S. President Donald Trump announced that negotiations with Iran will commence on Monday following a decision to halt military strikes against the country. Trump informed reporters aboard Air Force One that the negotiations would begin in the afternoon, without specifying the venue or participants. The president claimed that the talks were initiated at the request of Saudi Arabia, the United Arab Emirates, Qatar, and Iran, and described a deal regarding the Strait of Hormuz and Iran's denuclearization as imminent.

However, the Iranian foreign ministry spokesperson, Esmail Baghaei, dismissed the possibility of direct negotiations with the U.S., stating that Tehran is currently only engaging in talks with Oman regarding the Strait of Hormuz.

Brief written by urgent.news from CNBC's own syndicated text. Machine-written — may contain errors; check the original before relying on it.