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President Donald Trump confirmed that Egypt is actively participating in the ongoing diplomatic efforts between the United States and Iran to end the war between the two countries. He explained that the current talks are focused on reaching a new agreement that would open the Strait of Hormuz and resume negotiations over a comprehensive nuclear deal. Trump pointed out that the negotiations are primarily taking place between Iran and Oman, with involvement from Qatar, Pakistan, and Egypt, in addition to White House envoy representatives. He noted that the window for diplomatic success is not long, as either quick progress will be achieved or nothing will happen. He also observed that the suspension of strikes has contributed to a decline in oil prices and a rise in financial markets.
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