US and Iran Set for Fresh Talks in Doha After Halting Attacks

US President Donald Trump announced that peace talks with Iran will resume Tuesday in Doha, after both sides agreed to halt a series of tit-for-tat attacks over the Strait of Hormuz. The negotiations aim to permanently end the four-month conflict, though details remain unconfirmed by Iran. The truce remains fragile after recent attacks disrupted shipping through the strategic waterway.

Bloomberg -- US President Donald Trump said peace talks with Iran are set to resume Tuesday in Doha, after both sides agreed to halt a series of tit-for-tat attacks over the Strait of Hormuz. Most Read from Bloomberg - Trump's U-Turn on Iran Sanctions Would Unravel Decades of Curbs https://www.bloomberg.com/news/articles/2026-06-28/trump-s-u-turn-on-iran-sanctions-would-unravel-decades-of-curbs?utm campaign=bn&utm medium=distro&utm source=yahooUS - US and Iran Agree to Halt Attacking Each Other Ahead of Talks https://www.bloomberg.com/news/articles/2026-06-28/us-strikes-iran-again-as-tit-for-tat-attacks-test-ceasefire?utm campaign=bn&utm medium=distro&utm source=yahooUS - Oil Trades Near Four-Month Low as US and Iran Halt Fresh Attacks https://www.bloomberg.com/news/articles/2026-06-28/latest-oil-market-news-and-analysis-for-june-29?utm campaign=bn&utm medium=distro&utm source=yahooUS - Prabowo Risks Prompt Global Banks to Pull Cash Out of Indonesia https://www.bloomberg.com/news/articles/2026-06-28/citi-hsbc-stanchart-send-more-indonesia-profits-home-as-prabowo-demands-rise?utm campaign=bn&utm medium=distro&utm source=yahooUS "Iran has requested a meeting," Trump said in a post on Truth Social. "It will take place tomorrow in Doha." The details of a fresh round of negotiations to permanently end the four-month war have not yet been officially confirmed. Iran's Deputy Foreign Minister Kazem Gharibabadi said earlier that nothing has been scheduled and the Qatari capital is unconfirmed as a venue, the semi-official Tasnim news agency reported. The developments come after a flare-up in tensions threatened to derail peace negotiations. On Thursday, Iran struck a Singapore-flagged container ship in the strait, prompting the US to retaliate and setting off a series of back-and-forth attacks. Tehran and Washington accused each other of breaching their agreement. A US official who spoke on condition of anonymity said that both sides will stand down for now and vessels can move freely through the Strait of Hormuz. Axios had earlier reported on the agreement to halt fighting and resume talks. Iran's Islamic Revolutionary Guard Corps said Sunday it launched missiles and drones at the Ali Al Salem Air Base in Kuwait and the 5th Fleet naval base in Salman Port, Bahrain. Kuwait said it intercepted two missiles and there was no material damage or injuries. Bahrain reported a residential building had been hit, but said there were no fatalities. The renewed attacks served as a reminder of the fragility of the US-Iran truce and of the uphill struggle shipowners face to restore traffic through the Strait of Hormuz, a key transit point for energy supplies. A fifth of the world's oil and liquefied natural gas supplies was transported through the strait before the war began in late February. Traffic through Hormuz rose significantly after US President Donald Trump signed the memorandum of understanding aimed at concluding the war, on June 17, but dropped off over the weekend, with only a handful of vessels making the voyage, according to tracking data. Traffic was still higher than for the greater part of the war, but the decreased activity signals shippers remain wary of the risks.