Iran’s Foreign Minister, Abbas Araghchi, has confirmed the absence of direct talks with the United States, stating that only message exchanges via intermediaries are taking place. This announcement comes amid ongoing tensions and the absence of formal diplomatic relations between the two nations. Araghchi emphasized the lack of trust between the countries, clarifying that current communications should not be mistaken for negotiations. Market indicators reflect a moderate decrease in the probability of US-Iran diplomatic engagements, with peace talks appearing unlikely to occur by the end of August 2026.
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