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    Trump Denies Offering Iran Sanctions Relief Amid Ongoing Conflict

    Section editor: ·Low5 articles covering this·5 news sources·Updated 5 days ago·World
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    Infographic illustrating the impact of the Strait of Hormuz blockade on global oil supply and prices.

    What happened

    On September 29, 2026, US President Donald Trump denied claims that he offered Iran sanctions relief or the release of frozen funds in exchange for nuclear concessions.

    The Context

    • Ongoing conflict: The US-Iran war, which began on February 28, 2026, has led to a blockade of the Strait of Hormuz, a critical shipping route for global oil supplies.
    • Diplomatic efforts: Indirect talks mediated by Qatar are ongoing, but no direct negotiations between the US and Iran are scheduled.
    • Market implications: The blockade has caused a rise in US gas prices, increasing political pressure on Trump ahead of the November midterms.

    The Number

    One-fifth

    This figure represents the share of the world's oil and liquefied gas normally transported through the Strait of Hormuz, now blockaded since February 2026, which could lead to further price increases and economic instability.

    Takeaway

    Expect continued indirect negotiations, but the lack of direct talks may prolong market volatility and geopolitical tensions.

    5 Articles
    Saudi Gazette

    Trump denies offering Iran sanctions relief, release of frozen funds

    U.S. President Donald Trump has denied allegations that he offered Iran sanctions relief and access to frozen funds, labeling the claims as a hoax. This denial follows a report from Axios, which cited unnamed U.S. officials suggesting that Trump was ...

    Gulf News

    Trump denies he offered Iran sanctions relief, release of frozen funds

    U.S. President Donald Trump has denied allegations that his administration offered Iran sanctions relief and access to frozen funds during ongoing indirect negotiations. This denial comes amidst heightened tensions between the two nations, particular...

    Gulf News

    Trump denies he offered Iran sanctions relief, release of frozen funds

    U.S. President Donald Trump has denied allegations that his administration offered Iran sanctions relief and access to frozen funds during ongoing indirect negotiations. This denial comes amidst heightened tensions between the two nations, particular...

    Al Jazeera

    Iran war live: Trump says he did not offer Tehran sanctions relief

    U.S. President Donald Trump has denied a report claiming that his administration offered Iran sanctions relief and access to frozen funds, emphasizing that no concessions were made during ongoing indirect negotiations. This statement comes amidst hei...

    Al Jazeera

    Iran war live: Trump says he did not offer Tehran sanctions relief

    U.S. President Donald Trump has denied a report claiming that his administration offered Iran sanctions relief and access to frozen funds, emphasizing that no concessions were made during ongoing indirect negotiations. This statement comes amidst hei...

    RT (Russia Today)

    Trump denies Iran concessions in ‘hoax’ report

    Donald Trump has denied allegations of offering Iran concessions, including sanctions relief or access to frozen funds, amidst ongoing indirect negotiations. This denial comes as tensions escalate between the U.S. and Iran, particularly following Tru...

    Investing.com

    Trump denies report claiming U.S. offered Iran sanctions relief

    President Donald Trump has denied reports suggesting that the U.S. offered Iran sanctions relief amid ongoing tensions between the two nations. This denial comes in the wake of Trump's rejection of an Iranian proposal for a peace deal aimed at reopen...