Omani Foreign Minister Badr Albusaidi meets with U.S. Special Envoy Steve Witkoff and U.S. President Donald Trump’s son-in-law Jared Kushner, in Geneva, Switzerland, February 26, 2026.
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OMAN NEWS AGENCY

Iran’s foreign minister says indirect talks with the US over the Iranian nuclear program are some of the country’s “most intense and longest rounds of negotiations.” Abbas Araghchi made the comments Thursday in an interview with Iranian state television. He offered no specifics but said “what needs to happen has been clearly spelled out from our side.” The US has yet to offer a comment on the talks. The White House did not immediately respond to a request for comment.

Iran and the United States held hours of indirect negotiations Thursday over Tehran’s nuclear program but walked away without a deal, leaving the danger of another Mideast war on the table as the US has gathered a massive fleet of aircraft and warships in the region.

Oman’s Foreign Minister Badr al-Busaidi, who mediated the talks in Geneva, said there had been “significant progress in the negotiation” without elaborating.

But just before the talks ended, Iranian state television reported that Tehran was determined to continue enriching uranium, rejected proposals to transfer it abroad and sought the lifting of international sanctions, indicating it was not prepared to meet US President Donald Trump’s demands.

Trump wants a deal to constrain Iran’s nuclear program, and he sees an opportunity while the country is struggling at home with growing dissent following nationwide protests. Iran also hopes to avert war, but maintains it has the right to enrich uranium and does not want to discuss other issues, like its long-range missile program or support for armed groups like Hamas and Hezbollah.

Al-Busaidi said technical-level talks would continue next week in Vienna, the home of the International Atomic Energy Agency. The United Nations’ atomic watchdog likely would be critical in any deal. But neither the Americans of the Iranians offered any immediate comment.

A very terrible scenario

The stakes could hardly be higher.

If America attacks, Iran has said US military bases in the region would be considered legitimate targets, putting at risk tens of thousands of American service members. Iran has also threatened to attack Israel, meaning a regional war again could erupt across the Middle East.

“There would be no victory for anybody — it would be a devastating war,” Iranian Foreign Minister Abbas Araghchi told India Today in an interview filmed Wednesday just before he flew to Geneva.

“Since the Americans’ bases are scattered through different places in the region, then unfortunately perhaps the whole region would be engaged and be involved, so it is a very terrible scenario.” Ali Vaez, an Iran expert with the International Crisis Group, said it was a good sign that the Americans did not walk away immediately when Iran presented its latest proposal on Thursday.

“There might still not be a breakthrough at the end of this day, but the very fact that the US team is returning shows that there is enough common ground between the two sides,” he said.

Geneva talks are the third meeting since June war

The two sides held multiple rounds of talks last year that collapsed when Israel launched a 12-day war against Iran in June and the US carried out heavy strikes on its nuclear sites, leaving much of Iran’s nuclear program in ruins even as the full extent of the damage remains unclear.

Araghchi represented Iran at the talks. Steve Witkoff, a billionaire real estate developer and friend of Trump who serves as a special Mideast envoy, headed up the US delegation with Trump’s son-in-law Jared Kushner. The talks again were mediated by Oman, an Arab Gulf country that’s long served as an interlocutor between Iran and the West.

The two sides adjourned after around three hours of talks and resumed the discussions later.

During the break, Iranian Foreign Ministry spokesperson Esmail Baghaei said diplomats held “very intensive” negotiations. He said the Iranians felt there were “constructive proposals” offered on both nuclear issues and sanctions relief.

Trump wants Iran to completely halt its enrichment of uranium and roll back both its long-range missile program and its support for regional armed groups. Iran says it will only discuss nuclear issues, and maintains its atomic program is for entirely peaceful purposes.

US suspects Iran is rebuilding its programme

US Secretary of State Marco Rubio told reporters Wednesday that Iran is “always trying to rebuild elements” of its nuclear program. He said that Tehran is not enriching uranium right now, “but they’re trying to get to the point where they ultimately can.” Iran has said it hasn’t enriched since June, but it has blocked IAEA inspectors from visiting the sites America bombed. Satellite photos analysed by The Associated Press have shown activity at two of those sites, suggesting Iran is trying to assess and potentially recover material there.

The West and the IAEA say Iran had a nuclear weapons program until 2003. After Trump scrapped the 2015 nuclear agreement, Iran ramped up its enrichment of uranium to 60 per cent purity — a short, technical step away from weapons-grade levels of 90 per cent.

US intelligence agencies assess that Iran has yet to restart a weapons program, but has “undertaken activities that better position it to produce a nuclear device, if it chooses to do so.” Some Iranian officials have spoken openly about the country’s readiness to produce a bomb if that decision is taken.

Threat of military action sparks war fears

If the talks fail, uncertainty hangs over the timing of any possible US attack.

If the aim of potential military action is to pressure Iran to make concessions in nuclear negotiations, it’s not clear whether limited strikes would work. If the goal is to remove Iran’s leaders, that will likely commit the US to a larger, longer military campaign. There has been no public sign of planning for what would come next, including the potential for chaos in Iran.

There is also uncertainty about what any military action could mean for the wider region. Tehran could retaliate against the American-allied nations of the Persian Gulf or Israel. Oil prices have risen in recent days in part due to those concerns, with benchmark Brent crude now around USD 70 a barrel. Iran in the last round of talks said it briefly halted traffic in the Strait of Hormuz, the narrow mouth of the Persian Gulf through which a fifth of all traded oil passes.

Satellite photos shot Tuesday and Wednesday by Planet Labs PBC and analysed by the AP appeared to show that American vessels typically docked in Bahrain, the home of the US Navy’s 5th Fleet, were all out at sea. The 5th Fleet referred questions to the US military’s Central Command, which declined to comment. Before Iran’s attack on a US base in Qatar during the closing days of the war last June, the 5th Fleet similarly scattered its ships at sea to protect against a potential attack.

Published on February 27, 2026