West Asia war LIVE: Trump says 'good chance' of progress in Iran talks as foes hold fire

U.S. President Donald Trump. File | Photo Credit: Reuters U.S. President Donald Trump on Monday (July 28, 2026) voiced optimism at the prospects for a negotiated peace deal with Iran, as the two sides held their fire for a third consecutive day.Also Read | Pickaxe Mountain: Iran’s natural fortress “I have a lot of patience... We’ll see what happens,” Mr. Trump said aboard Air Force One. “I think there is a good chance that something could happen.”Also Read | Donald Trump’s Iran conundrumTehran had earlier denied that there were any talks with the U.S. to end the conflict.“Mediators may convey messages from the American side to us regarding current developments in the region. But at present, we are not engaged in any negotiations with the United States,” said Iranian foreign ministry spokesman Esmaeil Baqaei.Follow the live updatesJuly 28, 2026 06:45 Oil prices fall 1% as investors weigh pause in US strikes on IranOil prices fell ⁠1% as market participants continued to weigh a pause in U.S. strikes on Iran, which has raised hope of a diplomatic solution to ‌their conflict and the normalisation of Middle East energy flows.Brent crude futures were down $0.54, or 0.6%, at $87.82 by ‌0046 GMT. U.S. West Texas Intermediate crude was at $81.95 a ‌barrel, ⁠down $0.66, or 0.8%.Both contracts fell 1% earlier in ⁠the session to their lowest level in more than a week.-Reuters Published - July 28, 2026 06:45 am IST