Trump to convene Gulf leaders at UN for talks on post‑war Iran strategy
Both Indian and U.S. business news sources say President Donald Trump plans to meet with Gulf state leaders in New York to discuss the United States’ post‑conflict approach to Iran, amid stalled cease‑fire negotiations and rising regional attacks.
First reported 2 hours ago · latest update 1 hour ago
The latest diplomatic push comes as Gulf states face mounting economic costs from the conflict. Saudi Arabia shut its East-West Pipeline, a highly strategic network that transports crude oil from the kingdom's eastern coast to the port of Yanbu on the Red Sea, following the damage caused by a drone attack.
Crude prices pared earlier gains Wednesday after Saudi Arabia reportedly arranged additional shipments through Oman's Sohar port via ship-to-ship transfers, easing fears of a prolonged supply gap. Brent crude eased to $105.8 a barrel, while West Texas Intermediate dropped 0.22% to $102.14.
On Wednesday, U.N. Secretary-General António Guterres repeated calls for de-escalation in the region, urging diplomacy and the restoration of freedom of navigation in the Strait of Hormuz. It remains unclear what Washington in its postwar arrangement would require of Gulf states or Iran.
Iran could be open to negotiating after the U.S. midterms, but continued reluctance to engage diplomatically risks dragging the conflict out for longer, said Michael Feller, chief strategist at Geopolitical Strategy.
"Iran may be willing to do a deal after the midterms. If not, the war may continue until late 2028, if not beyond," Feller said.
One source of relief would be repairs to the East-West Pipeline, he said, though export-terminal stockpiles will run out unless the line is restored within days.
Citations · 2 reports from 2 outlets
Tap a citation to read it above, right here on T.A.M.
Trump plans to meet Gulf leaders at UN next week on Iran war's endgame: report
Washington's efforts for resuming ceasefire talks appear to have stalled, as Gulf states absorb escalating attacks from Iran and Iran-aligned Houthi militants.
1 hour agoTrump to meet Gulf leaders at UN over Iran war, postwar strategy: Report
On the upcoming Tuesday, President Trump is set to convene with leaders from the Gulf region in New York, where they will strategize on the United States' plans for the post-conflict landscape in Iran. This encounter coincides with the UN General Assembly and is crucial as Gulf states navigate serious economic challenges stemming from the ongoing strife. The outcomes are expected to influence decisions post the U.S. midterms.
2 hours ago · VIJAYA SRIVASTAVA