Oil back at $100 amid conflicting claims on US-Iran talks (PHOTOS, VIDEOS)

The Strait of Hormuz could be “open very soon” if diplomatic talks go well with Iran, US President Donald Trump has said. The Iranian Foreign Ministry, however, has flatly denied the US president’s claims that any talks have taken place, either directly or through an intermediary.
A gas pressure regulation station in the Iranian city of Isfahan and a gas pipeline to the Khorramshahr power plant were both reportedly damaged on Monday – although it remains unclear whether the strikes came before or after Trump said he called off US strikes targeting Iranian energy facilities for at least five days.
Brent oil futures rebounded to over $100 on Tuesday morning, after plunging more than 13% following Trump’s promised reprieve.
Israeli PM Benjamin Netanyahu said that while his “friend” Trump seeks to “leverage the massive achievements of the IDF and the US military” in potential talks, Israel is “continuing to strike” both Iran and Lebanon to keep up the pressure.
Trump upped the ante over the weekend, threatening strikes on Iranian energy facilities if Tehran did not lift its threat to shipping in the Strait of Hormuz, to which Iran responded by publishing a list of power stations and energy facilities across the Gulf that it would target.
Here are the latest developments:
- Trump has announced that he called off strikes targeting Iranian energy facilities, following alleged “productive conversations” with Tehran. Trump also claimed that there will be “a very serious form of a regime change” inside Iran. Tehran has denied that any conversations took place with the US.
- Asked if Iran would still be able to control the crucial waterway, one of the world’s busiest oil shipping channels, Trump replied it would be “jointly controlled” by him and “whoever the next Ayatollah” is. Tehran, however, has already announced the Islamic Republic’s new Supreme Leader, Mojtaba Khamenei.
- Pakistan has reportedly offered to host direct talks between the US and Iranian officials. However, the White House has refused to confirm or deny a Reuters report that US envoys Steve Witkoff and Jared Kushner, and Vice President J.D. Vance were expected to travel to Islamabad later this week.
Follow our live coverage below for continuous updates. You can also read our previous updates here.
24 March 2026
08:46 GMTUS-Israeli strikes on the Iranian city of Tabriz in the north-western part of the country have killed six people, according to Tasnim News Agency; video footage shows destruction in a residential area.
📹 حمله تروریستی آمریکایی ـ صهیونی به مناطق مسکونی تبریز ۶ نفر شهید شدنددر پی این اقدام جنایتکارانه، چندین واحد مسکونی در کوی شهید قرهباغی بهطور کامل تخریب شده و به چند خانه دیگر نیز آسیبهای جدی وارد آمده است#انتقام_سختpic.twitter.com/I0bDOYWegN
— خبرگزاری تسنیم (@Tasnimnews_Fa) March 24, 2026- 08:34 GMT
At least six Kurdish fighters have been killed and 22 wounded in a rocket attack on their base, not far from Erbil in Iraq, Reuters has reported, citing local sources. The agency said it was not immediately clear who had carried out the strike.
- 08:17 GMT
The Iranian Embassy in South Africa appeared to mock Donald Trump’s suggestion that the Strait of Hormuz could be jointly controlled by him and the ayatollah, posting an image of a car with two steering wheels – one depicted in bright, clown-like colors.
The Strait of Hormuz will be controlled by me and the Ayatollah😎😁 pic.twitter.com/IxIgo1Pn6S
— Iran Embassy SA (@IraninSA) March 23, 2026 - 08:17 GMT
US-Israeli strikes on Iran have so far killed 208 children, with the youngest being just three days old, Jafar Miadfar, head of Iran’s Emergency Medical Services, has said. He added that 1,536 people under 18 were also injured in the attacks.
- 08:16 GMT
Secretary of War Pete Hegseth was the first US official to suggest a full-scale attack on Iran, Trump has said.
”Pete, I think you were the first one to speak up, and you said let’s do it because you can’t let them have a nuclear weapon,” Trump said at a Memphis Safe Task Force roundtable in Tennessee on Monday. Iran has denied that its nuclear program is aimed at developing an atomic bomb.
- 07:50 GMT
Democratic Senator Chris Van Hollen has accused Trump of “lies and lies and lies” about the Iran war. He said Trump first misled voters by promising he would not pull the US into another Middle East conflict, but then justified the US-Israeli attacks by claiming that America “was facing an imminent threat from Iran” – even as US intelligence agencies said the opposite.
He then suggested that Trump lied by claiming that Tehran wanted to negotiate an end to the war, while in reality, Iran insisted that the hostilities should be ended by those who started them.
“And now Donald Trump says, well, he is talking to the Iranians about negotiat[ing] end of the war. But the Iranians said, no, they are not,” Van Hollen remarked, stressing that the US Congress must step up to make peace.
3 weeks into Donald Trump's war of choice in Iran, and all he's doing is lying. He lied to get us into this war, and now he's lying about getting us out of it.It's time to end this war NOW. pic.twitter.com/fKLAc87MDq
— Senator Chris Van Hollen (@ChrisVanHollen) March 23, 2026 - 07:19 GMT
The Gulf States, which have suffered from Iranian attacks targeting their energy infrastructure, are edging towards joining the fight against Tehran, the Wall Street Journal has reported, citing sources.
Saudi Arabia has agreed to let American forces use its King Fahd Air Base, with one source telling the paper that “it is only a matter of time before the kingdom enters the war.”
The UAE, meanwhile, is reportedly cracking down on Iranian institutions while intensifying political and economic pressure on Tehran.
- 07:18 GMT
At least six people have been lightly injured in central Tel Aviv by an Iranian strike, Israel’s national emergency service has said; local officials have stated that the missile carried some 100kg of explosives.
🚨🇮🇱🇮🇷 More scenes of destruction in Tel Aviv after Iranian strike hits hardThe missile is believed to have contained a cluster warhead that dispersed 3-4 100-kg bombs from it.pic.twitter.com/fAy2R2pm0Xhttps://t.co/u8ugmAuoiD
— Mario Nawfal (@MarioNawfal) March 24, 2026 - 06:21 GMT
General Jim Mattis, a former US defense secretary in the Trump administration, has warned that should Washington end the Iran war now, it would basically cede control of the Strait of Hormuz to Tehran.

”Iran right now, if we declared victory, they would now say they own the strait,” Mattis said, as cited by Politico, adding that Tehran would seek to tax “every ship that goes through.”
He suggested that the US is “in a tough spot,” arguing that “neither side has the ability right now to move the other side off of where they’re at.”












