"They Overplayed Their Hand": Trump Says Talks With Iran To Resume Next Week

US President Donald Trump has indicated that indirect talks with Iran regarding the Strait of Hormuz conflict are expected to resume next week. Despite rejecting a recent truce proposal from Tehran, the administration is utilizing Qatari mediators to facilitate potential negotiations.
Why it matters
The ongoing conflict in the Strait of Hormuz significantly impacts global oil prices and regional stability in the Middle East.
US President Donald Trump said Sunday that he expects talks with Iran to resume in the coming week, a day after rejecting a truce proposal put forward by Tehran."They want to make a deal, but it is not the deal that I want to make," Trump told Axios. "It is what we would have maybe agreed to a year ago."Iran said Friday it had submitted a proposal to the United States to reopen the Strait of Hormuz, but Trump rejected it, asserting that Iranian leaders wanted the deal because "they are losing so badly.""They overplayed their hand," Trump said in the Axios interview published Sunday.Citing sources familiar with the matter, Axios reported that indirect talks between Washington and Tehran could take place as early as Monday.The talks would follow indirect discussions between US envoys Steve Witkoff and Jared Kushner and Iranian Foreign Minister Abbas Araghchi that were held on the…
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