Iranian negotiators in Doha for third day of talks to end war
Oil prices fell more than 1 per cent as diplomatic discussions continue between Iran and Qatari mediators.
Iranian negotiators held their third consecutive day of talks with Qatari mediators in Doha on Sunday to seek a deal to end the US-Israeli war on Iran, according to The Hindu.
The discussions, which moved to Doha on Saturday after mediators met Iranian officials in Tehran on Friday, are being coordinated through regular contacts with Washington.
Iranian Foreign Minister Abbas Araqchi said on Sunday that the ongoing talks are for consultations and that Tehran is prepared for both defence and diplomacy.
The eight-month-old conflict has disrupted global oil supplies, causing Brent crude futures to fall 1.40 per cent to $111.84 a barrel by Monday morning, as reported by Deccan Herald.
US Secretary of State Marco Rubio said on Saturday that President Donald Trump has not decided on new strikes against Iran but prefers a diplomatic resolution.
President Trump stated the United States will not launch new attacks before the November 3 US midterm elections, though he has not ruled out further military action after the vote.
Meanwhile, Iran's Supreme Leader Ayatollah Mojtaba Khamenei ordered armed forces to be prepared to respond to any attacks in a statement issued on Saturday.
