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● TRACKER Updated 8d ago · 28 sources tracked

U.S.-Iran talks postponed; oil on pace for weekly decline

The U.S. and Iran have resumed military exchanges, with Saudi Arabia joining the escalation against Tehran-backed proxies. The renewed fighting has raised fears of a wider war, with Jordan and Kuwait reporting intercepted missiles and casualties. The situation has dimmed hopes for a quick resolution to the conflict. Diplomatic efforts appear to have stalled.

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What changed

The conflict has escalated with Saudi Arabia's involvement and renewed missile exchanges between the U.S. and Iran.

Live updates

  1. U.S.-Iran talks postponed; oil on pace for weekly decline

    The U.S. and Iran have resumed military exchanges, with Saudi Arabia joining the escalation against Tehran-backed proxies. The renewed fighting has raised fears of a wider war, with Jordan and Kuwait reporting intercepted missiles and casualties. The situation has dimmed hopes for a quick resolution to the conflict. Diplomatic efforts appear to have stalled.

    What's confirmed:

    • The U.S. and Iran have resumed military exchanges.
    • Saudi Arabia has publicly joined military escalations against Tehran-backed proxies.
    • Renewed fighting has raised fears of a wider war.
    • Jordan intercepted Iranian missiles for the second consecutive day.
    • Kuwait reported a strike in the northern part of the country killed one person.

    Still unconfirmed:

    • President Donald Trump may pull Todd Blanche's nomination for attorney general.
    Sources used for this update (3)
    1. US-Iran conflict enters new phase as Saudi Arabia helps hit proxies and diplomacy stalls again
    2. U.S. and Iran trade missile barrages as hopes for a resolution to the five-month war fade
    3. The Latest: Trump says he may pull Todd Blanche’s attorney general nomination for now
    confidence 90%

  2. U.S. and Iran maintain ceasefire as military buildup continues

    The U.S. and Iran are currently avoiding combat while negotiating a deal to reopen the Strait of Hormuz. The Trump administration confirms that military buildup is still underway. Trump stated the U.S. will return to previous actions if these talks stall.

    What's confirmed:

    • The Trump administration says a military buildup continues.
    • The U.S. and Iran are holding fire while working on a deal to reopen the Strait of Hormuz.

    Still unconfirmed:

    • Trump says the U.S. will "go back to doing what we were doing" if new talks stall.
    Sources used for this update (2)
    1. Iran War Live Updates: Trump says U.S. will "go back to doing what we were doing" if new talks stall
    2. Luigi Mangione gets stuck in an elevator as judge delays his federal trial until January
    confidence 100%

  3. Brent Crude Drops Below $73 as US-Iran Talk Uncertainty Persists

    Oil prices are falling toward pre-war levels as supply increases and traffic in the Strait of Hormuz rises. Brent crude has fallen 42% from its April 30 peak of $126 per barrel. Conflicting signals regarding peace talks in Doha are causing market volatility.

    What's confirmed:

    • Brent crude has fallen below $73 a barrel for the first time since February 27, 2026.
    • Brent crude reached a high of $126 per barrel on April 30 and has since dropped 42%.
    • Traders are monitoring potential U.S.-Iran talks in Doha on Tuesday.

    Still unconfirmed:

    • Brent crude dropped nearly 2 to 76.5 US dollars a barrel during Tuesday morning trading.
    • Oil prices are facing a sharp monthly decline.
    Sources used for this update (5)
    1. Crude oil prices erase all Iran war gains as Hormuz traffic picks up ...
    2. Oil prices: Trump, Iran issue mixed messages on talks in Qatar
    3. Oil Prices Face Sharp Monthly Decline Over Trump Iran Qatar Talks ...
    4. Oil prices hit lows not seen since early March on US-Iran peace talk ...
    5. Oil Prices Waver as Trump and Iran Send Mixed Signals on Qatar Talks
    confidence 90%

  4. Oil Prices Rebound After U.S.-Iran Peace Talks Postponed

    Global crude oil prices rose after the Swiss foreign ministry confirmed the postponement of peace talks between the U.S. and Iran. Despite this rebound, oil remains on track for a second straight weekly decline. Traders are reacting to signs of instability in the agreement to end the war.

    What's confirmed:

    • The Swiss foreign ministry confirmed the postponement of peace talks between the United States and Iran.
    • Oil is on track for a second straight weekly decline.

    Still unconfirmed:

    • Oil prices have rebounded above $80.
    • Signs of cracks in the agreement to end the war have given traders pause.
    Sources used for this update (6)
    1. Oil Prices Rise as U.S.-Iran Deal Faces Tests
    2. Oil prices rebound above $80 as US-Iran talks postponed
    3. Oil edges up as US, Iran start talks but remains set for weekly decline
    4. Oil on track to post weekly decline as US-Iran talks progress
    5. Crude Oil Prices Fall To Four-Month Low As Hormuz Flows Improve, Iran ...
    6. Oil pulls back as U.S.-Iran nuclear talks set to resume - CNBC
    confidence 90%

  5. U.S.-Iran Talks Postponed Amid Israeli Strikes in Lebanon

    Planned negotiations in Switzerland to finalize a peace deal between the U.S. and Iran have been postponed. JD Vance did not travel to the meeting following deadly Israeli strikes against Hezbollah. Oil prices are trending toward a weekly decline as tanker traffic returns to the Strait of Hormuz.

    What's confirmed:

    • U.S.-Iran talks in Switzerland were postponed.
    • The Strait of Hormuz is reopening to tanker traffic.
    • Oil prices are trending toward a weekly loss.
    • A preliminary memorandum to end more than three months of war was previously announced.

    Still unconfirmed:

    • The abrupt cancellation of nuclear talks raises questions about the durability of the agreement.
    • The U.S.-Iran agreement has been terminated.
    Sources used for this update (8)
    1. Iran live updates: G7 leaders 'support,' 'ready to contribute' to US ...
    2. Oil rebounds as postponed U.S.-Iran talks temper optimism over ceasefire progress
    3. US-Iran talks postponed as Israel launches deadly strikes in Lebanon - BBC
    4. U.S.-Iran talks cancelled; oil on pace for weekly decline - what's ...
    5. Stocks Rally Falters, Oil Rises as US-Iran Talks Postponed
    6. Postponed US-Iran talks: what should markets expect next?
    7. U.S.-Iran talks postponed as truce outlook dims
    8. US-Iran Agreement Terminated. The World Prepares for an Energy Shock, and Poland for a Series of GUS Data
    confidence 90%

  6. U.S.-Iran Talks Postponed as Oil Prices Face Weekly Decline

    Discussions between the U.S. and Iran have been delayed. Oil is currently trending toward a weekly loss. Asian markets are showing mixed reactions to diplomatic developments and Wall Street trends.

    Still unconfirmed:

    • U.S.-Iran talks have been postponed.
    • Oil is on pace for a weekly decline.
    • Asia stocks were set to rise due to a U.S.-Iran deal.
    • Asia markets fell as investors questioned the durability of a U.S.-Iran peace deal.
    • Japan and South Korea stocks set records.
    • The dollar received a boost from the Fed.
    Sources used for this update (5)
    1. Asia Stocks Set to Rise as US-Iran Deal Lifts Mood: Markets Wrap
    2. Stocks set records in Japan, South Korea; dollar gets Fed boost
    3. Asia markets fall as investors assess durability of U.S.-Iran peace deal
    4. Asian shares retreat in thin holiday trading after a tech-led rally on Wall St
    5. U.S.-Iran talks postponed; oil on pace for weekly decline - what’s moving markets
    confidence 50%