Is Trump Actually Having ‘Very Good’ Talks With Tehran?

March 24, 2026

TL;DR

President Trump offered Iran a five-day extension for talks, softening a previous ultimatum regarding the Strait of Hormuz.
Trump claimed "very good and productive" talks and "major points of agreement," suggesting both sides want a deal.
Iranian officials, including Parliament speaker Mohammad Baqer Qalibaf, deny any negotiations are taking place and dismiss Trump's claims as market manipulation.
US officials report that Middle East envoy Steve Witkoff has communicated with Iran through intermediaries, presenting a 15-point plan.
Vice President Vance discussed restarting talks with Israeli Prime Minister Benjamin Netanyahu and may participate in talks in Islamabad.
The Strait of Hormuz's closure has caused oil prices to soar and stock markets to fall, unnerving markets and Republicans.
Allies have warned against destroying Iran's power infrastructure, fearing it could lead to attacks on neighbors, a failed state, or a refugee crisis.
The military campaign has targeted Iranian missile sites, naval assets, and fortified positions, though oil facilities were reportedly untouched.
Trump's attention to financial markets is noted, with the extension coinciding with market rebounds.
Allies have resisted direct military involvement, urging diplomacy or limited escort missions, and the coalition Trump envisioned has not materialized.

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