NEW and EXCLUSIVE — A diplomatic source briefed on talks just told me that Qatari mediators are currently flying back to Doha from Tehran after what this source described as “positive talks.” The two sides — the USA and Iran — are now currently separately reviewing the latest… https://t.co/YbBUV4gtX1
— Matthew Boyle (@mboyle1) November 2, 2026
The update to diplomatic talks came shortly after President Donald Trump posted on Truth Social Monday afternoon about Iran. Trump posted, “Oil Prices are DROPPING LIKE A ROCK, down almost $10 a Barrel, A RECORD, because people feel that there will not be a War with Iran. Iran wants a settlement, as soon as possible. It could happen! President DONALD J. TRUMP.”
Oil prices dropped seven percent Monday, CNBC reported, the largest daily loss since July, on the news of renewed talks between the two countries.
President Trump told reporters Iran wants to "make a deal and that could happen," keeping his vow to not attack the troubled country ahead of Tuesday’s midterm election.
The military blockade in the Strait of Hormuz combined with the U.S. Treasury Department’s Operation Economic Outcast has strangled Iran’s economy, targeting banking infrastructure and drying up the country’s shadow fleet of oil tankers.
Update from CENTCOM Commander: pic.twitter.com/oipZRRCJuE
— U.S. Central Command (@CENTCOM) October 30, 2026
Follow Matt Mercer on X: @mattmercer.
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