Trump paused attacks on Iran to allow more room for diplomacy, the US ambassador to the United Nations told Fox News, after the Pentagon halted bombing operations following 13 nights of escalating strikes. Mike Waltz gave no detail on the nature of the talks. Market pricing now puts the odds of a US-Iran meeting by the end of August at 46% YES.
President Donald Trump paused attacks on Iran to allow more room for diplomacy, the US ambassador to the United Nations told Fox News. Mike Waltz told the broadcaster on Sunday: "He’s giving talks some space, he’s giving it a little bit of room."
Waltz did not detail the nature of the talks. But the fighting between Iran and the United States lulled over the weekend, with no weekend reports of attacks by Iran on its neighbors. The Pentagon paused bombing operations after 13 nights of escalating strikes.
Asked about the pause, a senior official in Trump's administration said on Saturday that the president has always been clear his preference is diplomacy, but that he has shown Iran what will happen if it fails to come to the table in a serious way. Meanwhile, the two nations are engaged in discussions over Iran's nuclear program, sanctions relief, and maritime access, Crypto Briefing reported. A definitive agreement remains elusive.
Yet current market pricing suggests an increased chance of a US-Iran meeting taking place by the end of August, with odds rising to 46% YES, according to Crypto Briefing. Where any meeting would happen is still unsettled, with markets reflecting a moderate increase in the likelihood of a meeting in the UAE.
Sources: Investing.com, Crypto Briefing
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