Qatar says US-Iran talks have made ‘positive progress’

Qatar’s Foreign Ministry spokesperson said that “positive progress” was made on issues related to the Memorandum of Understanding (MoU) following separate meeting of Qatari and Pakistani mediators with the US and Iranian delegation in Doha, CNN reported on Wednesday.

The Qatari government spokesperson said that US President Donald Trump’s son-in-law Jared Kushner and US special envoy Steve Witkoff arrived in Doha, Qatar on Tuesday for indirect talks with Iran. The US envoys are speaking with mediators and not directly with the Iranians.

In Washington, Trump described the meetings in Doha as very good. "As far as things are going, the denuclearization of Iran is moving along well," Trump told reporters. “They’ve had very good meetings and we’ll see,” he added.

However, the source stated that the nuclear program did not come up in the talks, which were technical in nature. Qatar's Foreign Ministry said that the next meeting will take place after funeral processions for Iran's late Supreme Leader Ayatollah Ali Khamenei, who is due to be buried on July 9.

Market reaction

At press time, the WTI Oil price trades 2.80% lower at around $67.97.