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Market Chatter: Iran Told Gulf States to Stop US's Strikes or Face Attack

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Iran told Gulf states to dissuade US President Donald Trump from launching new strikes or face retaliation against their critical assets, including energy infrastructure, electricity grids, water facilities, and transportation systems, Reuters reported Thursday, citing sources.

Iranian Foreign Minister Abbas Araqchi delivered the warning to his Saudi, Turkish and Qatari counterparts following Trump's July 28 warning of more attacks, sources told the news agency.

Following the warning, Saudi Arabia, Qatar, and Oman urged the US to resume talks with Iran to prevent conflict escalation and further damage to critical infrastructure in the Gulf, Reuters said.

Trump, on Aug. 2, cancelled the attack on Iran, provided a deal is reached "rapidly."

Iran's foreign ministry and the White House did not immediately respond to' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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