Qatar-Mediated US-Iran Talks Stall as Neither Side Budges
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Qatari mediators' efforts this week to broker a diplomatic breakthrough between the United States and Iran have made little progress, with neither side willing to budge, Axios reported on Wednesday. The lack of progress has raised concerns that the diplomatic stalemate could eventually lead to renewed tensions, and US officials believe US President Donald Trump could potentially order a return to major combat operations after the midterm elections. Iran said it will consider nuclear concessions only after the US agrees to return to the June memorandum of understanding, while Iran's Supreme National Security Council Secretary Mohsen Rezaei said on Tuesday that Trump is unable to decide. At the time of writing, West Texas Intermediate is up 0.34% on the day at $88.38.