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Globe/wire say CNRL hears Iran war talks at an impasse

2026-08-13 07:03 ET - In the News

See In the News (C-CNQ) Canadian Natural Resources Ltd

The Globe and Mail reports in its Thursday edition that Iran and the United States are at an impasse over achieving a permanent end to the Gulf war, with no progress on reviving the interim deal from June, crimping hopes for a swift resolution, especially after recent attacks on shipping raised oil prices. A Reuters dispatch to The Globe reports that the deal agreed upon in June declared an "immediate and permanent termination of military operations on all fronts," but quickly unravelled, with President Donald Trump saying it was "over" on July 7 and Iran's foreign ministry declaring it "suspended" a week later. The U.S. accuses Iran of not honouring an deal to reopen the Strait of Hormuz, while Tehran claims Washington has not fulfilled its commitments, including lifting the blockade on Iranian ports and releasing frozen assets. An Iranian source says: "One of the issues that is being discussed via mediators is the U.S. returning to the interim agreement and defining a time frame for implementing the commitments. There has been absolutely no progress on this issue." An Iranian source dismissed a report on Wednesday that quoted Pakistani government sources as saying they had agreed to extend talks for a 60-day period.

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