First modification: 11/02/2026 - 21:58 Last modification: 11/02/2026 - 22:54
On November 2, President Donald Trump raised doubts about whether he would carry out the threat of resuming military attacks against Iran by signing that an agreement could be reached with Tehran. In recent weeks, Trump had hinted at the possibility of resuming the offensive following Tuesday's US midterm elections. However, this Monday he hinted that he might be reconsidering his position.
The essential
US Vice President JD Vance assures that Washington has not set deadlines for Iran to reach an agreement before Washington resumes attacks.
Below is the main news on the situation in the Middle East this Monday, November 2.
The US and Saudi Arabia discuss a regional de-escalation
Saudi Arabia's Defense Minister Prince Khalid bin Salman spoke by telephone with his American counterpart Pete Hegseth about strategic defense cooperation and efforts to de-escalate regional tensions.
The information was given by the Saudi official, who stated that they discussed the latest regional and international developments, including the attacks by the Houthi rebels against Riyadh assets.
Oil price falls on signs of a possible agreement
Oil prices fell more than 7% this Monday, amid prospects that Iranian and Qatari officials will reach an agreement that would end the Islamic Republic's hostilities with the United States and thus stabilize crude oil supplies.
Brent crude futures fell $8.66, or 7.63%, to settle at $104.77 a barrel. U.S. West Texas Intermediate crude oil fell $7.66, or 7.36%, to $96.46.
The session low for Brent was $103.28 and WTI was $95.15, with some analysts citing hopes for a diplomatic breakthrough after Iranian President Masoud Pezeshkian said Supreme Leader Ayatollah Mojtaba Khamenei had granted the government certain authorizations for peace talks.
Qatari mediators would have traveled to Tehran to negotiate a draft agreement
An official with knowledge of the negotiations told the Reuters agency, on condition of anonymity, that Qatari mediators traveled to Tehran on November 2, with the purpose of discussing with the Foreign Minister, Abbas Araqchi, a draft for a peace agreement with the United States.
The official added that the proposal has been discussed for the last eight days.
Official IRNA agency reports explosions of unknown origin on the island of Qeshm in Iran
Iran's official news agency, IRNA, reported that several explosions were heard on the island of Qeshm, located in the Strait of Hormuz.
So far, the origin of the detonations is unknown and there has been no official confirmation in this regard from the Iranian government.
Vance: There were "good talks with the Iranians" in Qatar
US Vice President J.D. Vance confirmed that there have recently been "several good conversations with the Iranians" in Qatar.
Iranian negotiators were in Doha for three consecutive days, amid efforts by Qatari mediators to push for a new agreement to end hostilities.
"Look, both the president and I feel pretty good about the prospects of reaching a negotiated agreement. We're going to keep working on it," Vance told reporters.
Trump did not confirm attacks against Iran after midterms
US President Donald Trump is not convinced about resuming attacks on Iran.
This was made known to journalists after a speech on the reopening of the Washington Monument's Reflecting Pool. When asked if he is considering an offensive after the midterm elections, as he had hinted in recent weeks, he responded briefly: "No."
Trump said Monday that he believed Iran was willing to reach a deal and that it "could happen," but he reiterated his fundamental demand: that Iran not possess a nuclear weapon.
"We are not going to allow Iran to ever have a nuclear weapon, and they understand that. They have understood it and they have said it even recently," Trump said.
FM Araqchi: Iran holds intensive consultations with mediators on Strait of Hormuz deal
Iranian Foreign Minister Abbas Araqchi assured that his country is currently holding intensive consultations through mediators such as Qatar and Pakistan, seeking an agreement for the reopening of the Strait of Hormuz.
The talks would also be aimed at a resumption of talks with the United States, the official IRNA news agency quoted Araqchi as saying.
"If the United States accepts our conditions, the Strait of Hormuz will be reopened and negotiations will resume," Araqchi declared in an interview with IRNA.
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