Tehran Insists on Keeping Nuclear Talks, Washington Ready for All Scenarios

EU Foreign Policy Chief Josep Borrell delivers a speech on the situation in Afghanistan during a plenary session at the European Parliament in Strasbourg, France, September 14, 2021. Julien Warnand/Pool via REUTERS
EU Foreign Policy Chief Josep Borrell delivers a speech on the situation in Afghanistan during a plenary session at the European Parliament in Strasbourg, France, September 14, 2021. Julien Warnand/Pool via REUTERS
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Tehran Insists on Keeping Nuclear Talks, Washington Ready for All Scenarios

EU Foreign Policy Chief Josep Borrell delivers a speech on the situation in Afghanistan during a plenary session at the European Parliament in Strasbourg, France, September 14, 2021. Julien Warnand/Pool via REUTERS
EU Foreign Policy Chief Josep Borrell delivers a speech on the situation in Afghanistan during a plenary session at the European Parliament in Strasbourg, France, September 14, 2021. Julien Warnand/Pool via REUTERS

Iranian Foreign Minister Hossein Amir Abdollahian is insisting on Tehran’s demand to maintain the talks aimed at reviving the 2015 nuclear agreement, while the United States questioned the Iranian authorities’ will to accept a draft agreement recently amended by European Union Foreign Policy Chief Josep Borrell, who has been leading the diplomatic process since April.

Iranian media quoted Abdollahian as saying during an event that Iran’s diplomatic corps “will continue negotiations to achieve the lifting of sanctions, but we want to reach a good, strong and sustainable agreement.”

But the Iranian minister did not touch on Tehran’s position on the new European draft, although he called Borrell on Wednesday and welcomed efforts to continue diplomacy and negotiations.

Borrell revealed on Tuesday that he had submitted a draft settlement, calling on Tehran and Washington to accept it to avoid a “serious crisis.”

“I have now put on the table a text that addresses, in precise detail, the sanctions lifting as well as the nuclear steps needed to restore the JCPOA,” he wrote in an article in the Financial Times.

“After 15 months of intense, constructive negotiations in Vienna and countless interactions with the JCPOA participants and the US, I have concluded that the space for additional significant compromises has been exhausted,” he added.

The French presidency said on Thursday that there was still plenty of time to save the nuclear agreement, adding that the ball was in Tehran’s court.

In the same context, US State Department spokesman Ned Price said, in a press briefing, that Tehran has not shown the political will during the past months to overcome the impasse in the talks aimed at reviving the nuclear agreement.

He stressed that the US administration was preparing for various scenarios in the negotiation process and was studying the draft proposed by the EU foreign policy chief.

“We’ve been in touch with our European allies. We continue to remain in close contact with our P5+1 partners in this regard, including, of course, our European allies in this. We are reviewing the draft understanding. We plan to do so swiftly. We’ll share any reactions we have with the EU directly,” he stated.

Price also noted that Washington was considering equally the various scenarios in the event of failure to reach an agreement to revive the agreement concluded in 2015.

He told the reporters: “What we have not seen from Iran, whether in March or in the ensuing months, is an indication from them that they are prepared to make that political decision necessary to return to compliance with the JCPOA. That’s why we’ve continued to prepare equally for scenarios where we have a JCPOA, scenarios in which we don’t have a JCPOA.”



US Launches ‘Economic Onslaught’ Against Iran’s Financial Connections

WASHINGTON, DC - AUGUST 24: US Treasury Secretary Scott Bessent announces a new set of sanctions against Iran in the Cash Room at the Treasury Department on August 24, 2026 in Washington, DC. Chip Somodevilla/Getty Images/AFP
WASHINGTON, DC - AUGUST 24: US Treasury Secretary Scott Bessent announces a new set of sanctions against Iran in the Cash Room at the Treasury Department on August 24, 2026 in Washington, DC. Chip Somodevilla/Getty Images/AFP
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US Launches ‘Economic Onslaught’ Against Iran’s Financial Connections

WASHINGTON, DC - AUGUST 24: US Treasury Secretary Scott Bessent announces a new set of sanctions against Iran in the Cash Room at the Treasury Department on August 24, 2026 in Washington, DC. Chip Somodevilla/Getty Images/AFP
WASHINGTON, DC - AUGUST 24: US Treasury Secretary Scott Bessent announces a new set of sanctions against Iran in the Cash Room at the Treasury Department on August 24, 2026 in Washington, DC. Chip Somodevilla/Getty Images/AFP

US Treasury Secretary Scott Bessent unveiled Monday what he described as an "economic D-Day" that aims to give a final warning to countries to sever their business ties with Iran or risk having key companies and entities cut off from the dollar-based financial system.

"We are launching an economic onslaught against Iran’s financial connections around ⁠the globe. Our ⁠objective is to sever every economic lifeline that sustains this tyrannical regime until Tehran stands alone," Bessent said.

He added that it’s “no longer acceptable to operate in the gray spaces” of the conflict.

He did not name what countries could face potential secondary sanctions from the United States.

“Let there be no ambiguity as to the position of the United States,” Bessent told a news conference. “An economic engagement of any kind with this murderous regime will expose those responsible to the full reach of American power.”

The US Treasury Department has mapped the networks, facilitators, and financial channels that Iran uses to smuggle oil and evade sanctions and said that Washington would be working with US partners to target any source of Iran's "illicit revenue."

The department said it has issued determinations against five sectors -- digital assets, technology, gold, ⁠aviation and shipping -- that the Iranian government is using to prop up its economy. The Treasury has also imposed sanctions on nearly 60 entities, individuals and vessels.

US President Donald Trump's war with Iran, which has pushed energy prices higher worldwide, is about to hit its six-month mark. While heavy fighting has ‌subsided, diplomatic efforts to end the war have stalled and oil and raw material shipping through the Strait of Hormuz ⁠remains blocked, ⁠keeping energy prices elevated.


Trump Says Iran 'Collapsing' Ahead of Sanctions Announcement

Motorcyclists pass a billboard depicting US President Donald Trump with hands around his neck beneath the words "Revenge is inevitable" in Tehran, Iran, Monday, Aug. 24, 2026. (AP Photo/Vahid Salemi)
Motorcyclists pass a billboard depicting US President Donald Trump with hands around his neck beneath the words "Revenge is inevitable" in Tehran, Iran, Monday, Aug. 24, 2026. (AP Photo/Vahid Salemi)
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Trump Says Iran 'Collapsing' Ahead of Sanctions Announcement

Motorcyclists pass a billboard depicting US President Donald Trump with hands around his neck beneath the words "Revenge is inevitable" in Tehran, Iran, Monday, Aug. 24, 2026. (AP Photo/Vahid Salemi)
Motorcyclists pass a billboard depicting US President Donald Trump with hands around his neck beneath the words "Revenge is inevitable" in Tehran, Iran, Monday, Aug. 24, 2026. (AP Photo/Vahid Salemi)

President Donald Trump said Monday that Iran is "collapsing" hours before the US government was set to announce details of what it says will be crushing sanctions against Tehran.

"IRAN IS COMPLETELY COLLAPSING!!!" Trump posted in his trademark all-caps style on his social media platform Truth Social.

“President Trump decimated Iran’s economy to a point where the rial has never been weaker and inflation has rarely been higher,” US Treasury Secretary Scott Bessent wrote Sunday in an opinion piece in the Financial Times.

“The regime’s final refuge now lies in the self-deception of fearful nations that still believe accommodating aggression can secure a durable peace.”


Health of Norway's King Deteriorated but he is Stable Now

(FILES) Norway's King Harald gives a speech at the gala dinner at the Castle in Oslo on April 8, 2025 during the state visit of Iceland's President Halla Tomasdottir and her husband Bjorn Skulason. (Photo by Fredrik Varfjell / NTB / AFP)
(FILES) Norway's King Harald gives a speech at the gala dinner at the Castle in Oslo on April 8, 2025 during the state visit of Iceland's President Halla Tomasdottir and her husband Bjorn Skulason. (Photo by Fredrik Varfjell / NTB / AFP)
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Health of Norway's King Deteriorated but he is Stable Now

(FILES) Norway's King Harald gives a speech at the gala dinner at the Castle in Oslo on April 8, 2025 during the state visit of Iceland's President Halla Tomasdottir and her husband Bjorn Skulason. (Photo by Fredrik Varfjell / NTB / AFP)
(FILES) Norway's King Harald gives a speech at the gala dinner at the Castle in Oslo on April 8, 2025 during the state visit of Iceland's President Halla Tomasdottir and her husband Bjorn Skulason. (Photo by Fredrik Varfjell / NTB / AFP)

Crown Prince Haakon visited his father King Harald of Norway on Monday at the hospital, after the king's health deteriorated over the weekend, public broadcaster NRK reported.

The 89-year-old monarch, who has been on sick leave for several weeks, was admitted to the National Hospital a week ago. He is now receiving antibiotics for a bacterial blood infection and has responded to treatment, the royal palace said late Sunday, adding that his condition is stable.

Haakon, has been serving as regent during that time, The Associated Press quoted the palace as saying.

The king has hemolytic anemia and was being treated with cortisone, leading to fluid accumulation in the body that required hospital treatment, the palace said last week.

Norway's prime minister sent his wishes for the king and said that “all of Norway is following and thinking about the king,” NRK reported.

“My strong wish is that he continues to receive good treatment from the good healthcare system we have,” Prime Minister Jonas Gahr Støre said.

Harald, who has been monarch since 1991, has been in and out of the hospital several times in recent years.

In February, he was admitted to a hospital in Spain’s Canary Islands during a winter vacation for treatment for a skin infection.

Two years ago, the king fell ill during a private vacation with the queen in Malaysia and received a temporary pacemaker there. Harald returned aboard a medical airplane to Norway, where he was fitted with a permanent pacemaker.