February 20, 2026
United States President Donald Trump has set a deadline of 10-15 days for negotiations with Iran over its nuclear programme. The statement comes amid increased US military buildup in the Middle East and concerns regarding the escalation of tensions between the US and Iran. President Trump did not specify the actions that could be taken if the deadline were to lapse. Iran has maintained that it would retaliate against US bases in the region in case of military action against it. The increased concerns regarding a potential escalation have led to a rise in oil prices and apprehension about disruption to crude oil flow through the Strait of Hormuz.