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Iran keeping ‘door open’ to talks with Trump

Iran’s deputy foreign minister said that coercion and intimidation would prove ineffective in the long-running stand-off between Iran and the West over Tehran’s nuclear programme

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Majid Takht-Ravanchi, Iran’s deputy foreign minister for political affairs says Tehran has kept the door open to negotiations with President-elect Donald Trump’s administration, while warning the US that any attempt to reimpose “maximum pressure” on the country would fail to extract concessions.

Speaking to the Financial Times, Takht-Ravanchi said that coercion and intimidation would prove ineffective in the long-running stand-off between Iran and the West over Tehran’s nuclear program.

“As for negotiations, we need to observe US policy and decide how to respond accordingly,” Takht-Ravanchi said.

“Right now, the key question is how the new administration will approach Iran, the nuclear issue, regional security and the Middle East. It’s premature to speculate about specific outcomes.”

Takht-Ravanchi said the nuclear deal reached with the West in 2015, from which Trump later withdrew the US, “could still serve as a foundation and be updated to reflect new realities”, adding that “if the other parties return to their commitments, we have repeatedly said that we are willing to do the same”.

He added: “We do favour negotiations, as we proved [with that deal] . . . But who sabotaged the negotiations previously? It was the Trump administration who was unwilling to negotiate.”

At the same time, the veteran diplomat and former nuclear negotiator warned that if Trump again takes a tough approach, “maximum pressure will be met with maximum resistance”.

“We will continue to work around sanctions, diversify our trade partners and strengthen regional relations to maintain calm,” he added.

During his first term as US president, Donald Trump sparked a nuclear stand-off with Iran after he abandoned the 2015 accord, known as the JCPOA, that Tehran had signed with world powers, and imposed waves of sanctions on the Islamic republic in what he called a “maximum pressure” campaign.

He accused Tehran of violating the “spirit” of the agreement by funneling newfound revenue to support its regional proxies, notably Lebanon’s Hezbollah. 

In retaliation, Iran dramatically expanded its nuclear activities, and is enriching uranium near to weapons-grade despite insisting its programme is for civilian purposes, Financial Times reported.

People familiar with Trump’s thinking have told the Financial Times his administration would try to “bankrupt” Iran to force the republic into talks.

The regional and nuclear crises have stoked fears in Tehran that Trump will once again try to drive Iran’s oil exports — its vital source of hard currency — to zero. In recent years Iran has substantially increased oil sales, mainly to China.

Takht-Ravanchi sought to downplay the potential for tighter oil sanctions under a second Trump presidency.

“While developments may occur, they won’t lead to significant changes,” he said, adding: “If the Trump administration decides to pursue the maximum pressure policy in the oil market again, it will surely fail. In today’s world, no single country can dictate terms to the entire international community.”

For now, he said, “We hope he doesn’t repeat the same mistake because the outcome will be no different.”

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Iran defends two-day proposal for peace talks after US rejects conditions

Iran defended a proposal on Monday to restart peace talks in as ​few as two days as the ‌most reasonable offer on the table, after US Secretary of State Marco Rubio called some of ​Iran’s conditions “outrageous and ridiculous”.

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Iran defended a proposal on Monday to restart peace talks in as ​few as two days as the ‌most reasonable offer on the table, after US Secretary of State Marco Rubio called some of ​Iran’s conditions “outrageous and ridiculous”, Reuters reported.

“Is it unreasonable that ​Iran demands that US illegal sanctions ⁠and its naval blockade must be lifted ​before negotiations start and that the war should ​end on all fronts?” Foreign Ministry spokesman Esmaeil Baghaei told a weekly press conference in response to ​Rubio’s remarks.

Iran defended a proposal on Monday to restart peace talks in as ​few as two days as the ‌most reasonable offer on the table, after US Secretary of State Marco Rubio called some of ​Iran’s conditions “outrageous and ridiculous”.

“Is it unreasonable that ​Iran demands that US illegal sanctions ⁠and its naval blockade must be lifted ​before negotiations start and that the war should ​end on all fronts?” Foreign Ministry spokesman Esmaeil Baghaei told a weekly press conference in response to ​Rubio’s remarks.

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Explosions heard in areas in southern Iran, Iranian media report

Earlier on Saturday, Tasnim news agency ‌said ⁠two missiles struck Qeshm Island with no official information on possible damage.

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Explosions were heard on Saturday evening in several areas in southern Iran, including on Qeshm Island in the Strait of Hormuz, Iranian state ​television reported.

Iran’s state TV suggested that the explosions might be linked to ‌Iranian military activities in the strategic waterway, which has become subject to repeated attacks on commercial shipping since the war erupted between the US and Iran in February.

It said Iranian officials have ​not confirmed any missile strikes on the areas, while the semi-official Tasnim news ​agency cited a source as saying that the explosions heard on Qeshm ⁠Island were not related to missile strikes.

Iran’s Revolutionary Guards Navy said early on ​Sunday that two oil tankers were on fire after hitting mines as they attempted to ​pass through an “unauthorized route” in the strait. It was not immediately clear if the incidents referred to by the IRGC were linked to the sound of explosions heard in southern Iranian areas.

Iran has hit ​vessels it says have violated its restrictions on passage through the waterway, as it ​seeks to assert control over the strait and exert pressure on Washington.

Earlier on Saturday, Tasnim news agency ‌said ⁠two missiles struck Qeshm Island with no official information on possible damage.

The reported explosions come days after the US carried out strikes on the island. A US official said those strikes were limited and not a resumption of major combat operations.

The US military said on ​Saturday evening that its ​forces disabled a commercial ⁠vessel that tried to get through the US blockade of Iran.

The US Central Command said one of its aircraft fired at ​the vessel’s stern and disabled the ship after it attempted to ​violate the ⁠blockade.

Countries in the region had been anticipating that US President Donald Trump, who has held off on strikes on Iran during the weeks leading up to Tuesday’s midterm elections, could ⁠restart ​attacks once the voting was over. Iran has repeatedly ​said it would respond to new attacks by striking at US and Israeli targets in neighboring countries.

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Pakistan’s leaders dread US Democrats’ win but its households are praying for it

Pakistan’s courtship of Trump, capped by its mediation in ​the Iran war, earned it a close relationship with his administration. That access has yet to deliver clear economic gains, and congressional scrutiny of Islamabad’s dealings with Trump’s inner ​circle now threatens the rewards its leaders hoped would follow.

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Pakistan’s leaders spent two years courting US President Donald Trump, but after the Democrats’ win in Tuesday’s congressional vote, they are preparing for scrutiny ​of their access to the White House.

Ordinary Pakistanis see the result differently. Many hope the shift in Washington will ease a cost-of-living crisis intensified ‌by the US-Israel war on Iran, Reuters reported.

“We believe meaningful negotiations with the current US administration are not possible, and the ongoing bloodshed will not end until there is a change in [the US] ​government,” Karachi resident Sajjad Ali said.

“We want peace, economic improvement and a reduction in the rising oil prices.”

Asim Zafar, also from Karachi, said he hoped ​the results would rein in Trump. “It could bring changes in important policies and perhaps help prevent some of the injustices being committed ⁠against Muslim countries,” he said.

But for Pakistan’s government and powerful military leadership, analysts say, the outcome is far more worrying.

Pakistan’s courtship of Trump, capped by its mediation in ​the Iran war, earned it a close relationship with his administration. That access has yet to deliver clear economic gains, and congressional scrutiny of Islamabad’s dealings with Trump’s inner ​circle now threatens the rewards its leaders hoped would follow.

A BET ON ONE MAN

The courtship began early in Trump’s second term, with army chief Asim Munir — who Trump has repeatedly described as his “favourite field marshal” — as Islamabad’s main channel to the White House.

Their June 2025 lunch took place unusually without Pakistani civilian officials present, which put the military at the centre of the rapprochement.

According to Pakistan’s military, ​their talks went beyond security to cooperation in mining, energy and cryptocurrency.

Pakistan then joined Trump’s Board of Peace and nominated him for the Nobel Peace Prize, crediting him with ​helping end its May 2025 conflict with India. New Delhi denies US mediation halted hostilities.

Earlier this year, Iran mediation gave the courtship strategic substance: Islamabad relayed messages and hosted April talks between the ‌US and ⁠Iran, but the eventual Islamabad Agreement quickly faltered.

For consumers, Pakistan’s rising diplomatic influence has offered little protection from the war’s costs while the payoff for the state has also been thin. The US Export-Import Bank approved $1.25 billion for Pakistan’s Reko Diq copper and gold project in December 2025. But Pakistan’s signature $10 billion request for a US Treasury facility remains unanswered.

DEALS UNDER SCRUTINY

Pakistan’s outreach, public and private, now carries political risk because several arrangements involve Trump’s family or close associates.

Islamabad has signed memoranda to explore payments in USD1, a stablecoin issued ​by the Trump-linked World Liberty Financial. At ​the signing in January, Finance Minister ⁠Muhammad Aurangzeb said innovation should be “aligned with regulation, stability, and national interest.”

It has also signed another memorandum to redevelop Manhattan’s Roosevelt Hotel, a deal negotiated by envoy Steve Witkoff, and placed a limited drone order with Powerus, whose investors include Trump’s sons Donald Jr. and ​Eric.

“There are no conflicts of interest,” White House spokeswoman Anna Kelly told Reuters in September, when asked about Powerus.

Husain Haqqani, ​a former Pakistani ambassador ⁠to Washington and senior fellow at the Abu Dhabi-based Anwar Gargash Diplomatic Academy, said Pakistan’s leaders had “built a transactional relationship” with Trump’s team. Some arrangements involving the president’s friends and relatives “might not last,” he said. “Pakistan seems totally unprepared for that scrutiny.”

Daniel Markey, a senior fellow at the Washington-based Stimson Center, warned that investigations could taint the wider relationship if dealings appeared ⁠driven by ​private interests.

From Pakistan’s perspective, there may still be cards left to play, analysts said.

The Atlantic Council’s Michael ​Kugelman said Pakistan’s counterterrorism cooperation and Iran diplomacy enjoyed bipartisan support, and Democrats would be more likely to blame problematic deals on Trump than on Pakistan.

But “the risk for Pakistan is that it put so many of ​its diplomatic eggs in the White House basket that it won’t have anything left for the Democrats,” Kugelman said.

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