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Trump Denies Iran Sanctions Relief Offer; Tehran Ready for Talks Amid Rising Oil Prices

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CNBC TV18•29-09-2026, 14:38
Trump Denies Iran Sanctions Relief Offer; Tehran Ready for Talks Amid Rising Oil Prices
- •Donald Trump denied media reports that he offered Iran sanctions relief and frozen funds for nuclear program progress, stating, "I offered them NOTHING."
- •Axios and CNN reported, citing US officials, that Trump was willing to ease sanctions and free Iranian funds for "concrete progress" on the nuclear issue.
- •Iranian President Masoud Pezeshkian stated Tehran is ready for talks on its nuclear program and other issues, but will not accept "bullying or coercion."
- •US and Iranian officials engaged in separate talks with mediators to end the seven-month war, which has disrupted global energy supplies and increased oil prices.
- •Iran insists only diplomacy can resolve its conflict, with Foreign Minister Abbas Araqchi linking reopening the Strait of Hormuz to specific conditions.
Key Questions Answered
No, US President Donald Trump rejected media reports claiming he was willing to ease sanctions and release frozen funds in exchange for concrete steps regarding Iran's nuclear programme, stating on Truth Social that he offered them nothing.
Iranian President Masoud Pezeshkian stated that Tehran is ready for talks concerning its nuclear programme and other issues, but emphasized that the country will not accept coercion or bullying and will defend itself against pressure and threats.
The conflict, launched by Trump and Israel in February as 'Operation Epic Fury', has severely disrupted global energy supplies and driven up oil prices, with Brent crude futures rising to $106.77 a barrel amid lingering supply concerns.





