The Daily BriefMorning Briefing · Wednesday 23 September 2026 · 19:45 BST
Morning Briefing · Wednesday 23 September 2026

Three Hours of US-Iran Talks in New York; Tehran Names Its Price

The first American-Iranian contact since June’s memorandum collapsed took place on the UN sidelines: Steve Witkoff and Jared Kushner spent about three hours with Iranian officials — “not the highest level, but it’s something”, in Mr Trump’s words, and “a very good meeting”. Tehran confirmed that Abbas Araghchi met Mr Witkoff through Qatari mediators and set its terms: the naval blockade lifted, frozen assets released, the war ended on every front. Brent closed below $100 for the first time since 8 September.

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Accounts of the room differ — the president called it a meeting, Mr Witkoff described mediators “who shuttled between the two sides throughout the day”, and Iranian television said its minister attended “at the insistence of the American side” — and the discrepancy is itself the diplomacy: each capital narrating the contact in the form its hardliners can bear. Iran’s three conditions are its opening bid, the seven-day Hormuz reopening is the good it is selling, and Mr Trump’s remark to the Gulf leaders that the war “could end right after the midterm elections, maybe before” is the clock. The strait tells the truer story: three commodity vessels transited on Tuesday against a ten-day average of fifteen, even as Saudi Arabia restarted its East-West pipeline. Watch whether the promised second round has a date by Friday, and what Pezeshkian says from the podium today.

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