Iran and US Seek Common Ground in Nuclear Dispute Talks

Iran and the US have come to an understanding on guiding principles to resolve their nuclear dispute, but a deal is not imminent. Talks in Geneva mediated by Oman have left both sides with clear steps. Iran remains firm on discussing only nuclear issues in exchange for sanctions relief.

In a significant development, Iran and the United States have reached an understanding on guiding principles in their ongoing nuclear dispute talks. While this marks progress, Iranian Foreign Minister Abbas Araqchi has cautioned that a final deal remains elusive. Oil futures saw a decline following these announcements.

The negotiations in Geneva, mediated by Oman, have established clear next steps for both nations. Iranian state media reported temporary closures of the Strait of Hormuz for security reasons during concurrent military drills. Iran's position remains firm on discussing only its nuclear program in exchange for sanctions relief, refusing to negotiate its missile stockpile.

The Iranian Supreme Leader and US leaders like President Trump continue to exchange barbs. However, Araqchi hopes these talks might pave the way for a comprehensive solution, restoring Iran's rights and easing international tension.

(With inputs from agencies.)