WorldTrump hails Iran talks after ‘annihilation’ threat as Saudi pipeline nears restart

Markets are assessing renewed U.S.-Iran diplomacy after Donald Trump praised talks that followed his “annihilation” threat. Iran says the discussions were meant to convey its demands, while Trump said a deal could come after the midterms. Saudi Arabia is advancing plans to restart its East-West pipeline and resume oil exports from Yanbu, adding to downward pressure on prices alongside Hormuz diplomacy.