US and Iran give differing accounts of potential talks as Trump postpones strikes on power plants

US and Iran give differing accounts of potential talks as Trump postpones strikes on power plants

BBC nation

Key Points:

  • A missile strike overnight hit at least one building in Nesher, northern Israel, causing a shrapnel injury to a woman en route to a shelter; the Israeli military reported missiles launched from the direction of Iran.
  • Japan announced it will begin releasing part of its national oil reserves starting June 26 to address supply concerns, following recent tapping of private stockpiles, with nearly 95% of its oil passing through the Strait of Hormuz.
  • The White House cautioned against speculation about US-Iran negotiations after President Trump suggested progress, stating no formal meetings have been announced and describing the situation as fluid.
  • Brent crude oil prices rebounded above $100 a barrel following a significant drop, influenced by Trump's delay of strikes on Iran and conflicting signals about potential peace talks.
  • Conflicting reports continue on US-Iran talks: a senior Iranian official confirmed receipt of US points via mediators as a possible precursor to talks, while Iran’s parliament speaker denies any discussions, and the White House urges caution on announcements.

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