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European Oil Markets
18MAY

Trump claims deal; Iran says no talks

2 min read
17:30UTC

Trump claims a deal is close. Iran's foreign minister says Tehran never asked for one. Pakistan is offering the room.

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EconomicDeveloping
Key takeaway

Diplomatic signals contradict each other six days before the deadline.

President Trump told Al Jazeera on 31 March that he is "pretty sure" of a deal with Iran and described talks as going "extremely well." 1 Pakistan offered Islamabad as a venue for direct talks between Secretary of State Marco Rubio and Foreign Minister Abbas Araghchi, possibly this week.

Iran agreed to one confidence-building step: 20 Pakistani-flagged vessels would be permitted through Hormuz. But Araghchi simultaneously told reporters, "We never asked for a ceasefire, and we have never asked even for negotiation." The Committee of Four (Pakistan, Saudi Arabia, Turkey, Egypt) met for a second time in under two weeks on 29 March , and China declared "full support." Pakistan has facilitated indirect contact between Washington and Tehran since late March . Whether that contact becomes a direct channel this week is the test.

Deep Analysis

In plain English

The US and Iran are not talking to each other directly. Pakistan has been acting as a go-between, passing messages in both directions. President Trump told Al Jazeera he is 'pretty sure' of a deal and talks are going 'extremely well.' Iran's Foreign Minister said on the same day that Iran never asked for a ceasefire and never asked for negotiations. Both statements can be true at once. Iran may allow messages to pass through Pakistan while publicly denying it is negotiating. This is how the Iran nuclear deal in 2015 began: through back-channels that both sides publicly denied for months.

What could happen next?
  • Risk

    Araghchi's public denial creates domestic political constraints that make it harder for Iran to accept a deal even if the terms are acceptable.

    Immediate · 0.75
  • Opportunity

    Pakistan's offer of Islamabad for direct Rubio-Araghchi talks is the closest the conflict has come to a direct US-Iran channel; if both show up, it bypasses the denial-while-negotiating problem.

    Short term · 0.6
  • Risk

    With Khamenei absent for 32 days, any agreement reached by Araghchi may lack the constitutional authority to survive Guardian Council review.

    Medium term · 0.65
Sources:Al Jazeera·Al Jazeera
Mentions:Islamabad →Guardian Council →Abbas Araghchi →Pakistan →Marco Rubio →
First Reported In

Update #53 · Trump drops Hormuz goal; toll becomes law

Al Jazeera· 31 Mar 2026
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Causes and effects
Caused by
Islamabad talks end without a statement
Pakistan's offer for direct Rubio-Araghchi talks grew from the second Committee of Four meeting in Islamabad on 29 March.
Occurred 30 Mar 2026
Read story →
This Event
Trump claims deal; Iran says no talks
The gap between Trump's optimism and Araghchi's flat denial defines the diplomatic uncertainty six days before the 6 April deadline.
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