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