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President Trump's assertion of 'very good' talks with Iran has raised eyebrows, especially after Tehran denied any negotiations were underway. The sudden detente comes as US markets prepare for another volatile trading day, with oil and energy markets closely watching developments.Trump, standing beside Air Force One, attempted to sell the unexpected diplomatic shift, but provided few details. He hinted at a potential deal involving Iran's nuclear program and control over the Strait of Hormuz, a critical waterway for global oil supplies.The reported interlocutor, Mohammad Bagher Ghalibaf, the speaker of Iran's parliament, has denied any talks with the US, suggesting that Trump is trying to mitigate financial damage from Iran's closure of the Strait of Hormuz. Ghalibaf accused Trump of using 'fake news' to manipulate markets and escape the quagmire in which the US and Israel are trapped.Despite skepticism, international leaders, including Keir Starmer and Benjamin Netanyahu, have cautiously welcomed the talks. Netanyahu emphasized that any deal must safeguard Israel's interests, while also continuing to strike targets in Iran and Lebanon.The negotiations may be another attempt by Trump to buy time, particularly for oil and energy markets. The Pentagon is still positioning military assets, and a potential strike or occupation of Iran's islands or coastline remains a contingency plan if diplomatic efforts fail.

US President Donald Trump has claimed he is having 'productive' conversations with Iran, leading to a five-day pause in US strikes on Iranian power plants and energy infrastructure. However, Tehran denies these talks exist, casting doubt on the situation.If real, these talks would be a welcome de-escalatory step, but they also indicate that Trump's threat of war risked severe consequences that could damage more than just the intended target.Meanwhile, Israel is advancing measures in the West Bank that shift its occupation to annexation. The Israeli cabinet approved land registration in roughly half of the West Bank, which could lead to large-scale dispossession of Palestinians. This move is illegal under international law, according to the Israeli liberal advocacy organization Peace Now.Settlers have been reported to have imposed a reign of terror in the West Bank, with Israeli forces seemingly turning a blind eye. The Guardian reported coordinated settler attacks across Palestinian villages, including arson and violent assaults.The article suggests that Israel's moves may be driven by a desire to consolidate territorial control while US support is still available. With many Americans questioning the cost of the alliance, Israel may be trying to lock in favorable outcomes before the situation changes.