Iran’s Foreign Minister, Abbas Araghchi, announced plans for indirect negotiations with U.S. envoy Steve Witkoff in Oman to address Iran’s nuclear program. Despite previous failed talks, tensions between the two countries remain high. The U.S. has threatened military action, while Iran warns of pursuing a nuclear bomb. Araghchi emphasized the goal of restoring people’s rights and lifting sanctions. Iran’s economy showed signs of improvement with the news of talks, as the currency rebounded and the stock exchange rose. The negotiations follow a letter from former President Trump to Iran’s Supreme Leader, aiming to restart talks. Despite past conflicts, Iran may be open to dialogue. The Kremlin expressed support for negotiations to de-escalate tensions. Additionally, expert-level meetings with Russia, China, and Iran were planned to discuss the nuclear program. Overall, the talks are a significant development as both countries navigate their relationship in the Middle East.
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