Trump says Iran wants to talk about de-escalating, is ‘not winning this war,’ should talk ‘before it’s too late’

Iran wants to talk about de-escalating hostilities with Israel, and should do so immediately “before it’s too late,” US President Donald Trump says.

Asked whether he has heard that Iran wants to de-escalate the conflict, Trump says “yes… They’d like to talk. But they should have done that before. I had 60 days, and they had 60 days. On the 61st day, I said, We don’t have a deal.

“They have to make a deal, and it’s painful for both parties, but I’d say Iran is not winning this war, and they should talk, and they should talk immediately, before it’s too late,” Trump tells reporters at the start of a meeting with Canadian Prime Minister Mark Carney.

Oil prices fell more than $2 per barrel on Monday after reports that Iran is seeking an end to hostilities with Israel, raising the possibility of a truce and easing fears of a disruption to crude supplies from the region.