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Iran live updates: Diplomatic efforts to end war ongoing, Qatari official says
Trump said in the Oval Office that Iran has a "last chance" to make a deal. 9:24 AM EDT - Bessent says Iran deal could come 'today or tomorrow'. Treasury Secretary Scott Bessent told CNBC on Tuesday that the White House might have a deal with Iran "today or tomorrow" that opens the Strait of Hormuz and moves "towards a more normalized position in this conflict." President Donald Trump said over the weekend that negotiations would restart with Iran on Monday, though Tehran said publicly that the discussions were not happening. Trump said the "imminent deal" would relate to the Strait of Hormuz and "ultimately the denuclearization of Iran." Bessent said on Tuesday that U.S.-Iran talks are underway and suggested that a deal may happen because of Trump's repeated threats to resume large-scale strikes on Iran. The U.S. may secure a deal, he said, "because their air force is wiped out, their navy is wiped out" and a "substantial portion of their missiles are wiped out. More importantly, their missile production capability is wiped out." Bessent said he believes the Strait will have free passage and that he would then expect energy prices to "settle back down." 8:17 AM EDT - Diplomatic efforts ongoing, no direct talks 'on the books,' Qatari official says. Majed al-Ansari, the spokesperson for Qatar's Foreign Ministry, said during a press conference in Doha on Tuesday that "efforts are still ongoing with all the parties" to end the war between the U.S. and Iran. Ansari said that there is no agreement, but added that "things may change in the coming hours or days, we don't know." "Right now, we don't have anything on the books when it comes to direct talks," Ansari added. "We are hopeful that if we can get a resumption of the talks anytime soon, we'd be able to push forward towards a major deal that would help us walk back into a situation of peace in our region," he said.