Oil Tumbles, Stocks Surge As Israeli TV Reports US Seeks 'One Month Ceasefire'; Tehran Refuses Talks With 'Backstabbers'

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by Tyler Durden

Tuesday, Mar 24, 2026 - 02:30 PM

Summary

US seeks a one-month ceasefire with a framework to end the war, according to Israel Channel 12 reports; Telegraph says Iranians see Witkoff and Kushner as 'backstabbers'

WSJ, Fox reporting 3,000 elite Army Airborne soldiers to be ordered to Middle East. Axios says US awaits Iran response to proposed Thursday peace talks. Trump says Iran has been destroyed "militarily".

Backchannel diplomacy vs skepticism: Abbas Araghchi reportedly signaled openness to negotiations with the US via envoy Steve Witkoff, but Israel has appeared cool on deal prospects or offramp.

Heavy exchange of fire and testing red lines: Iran continues missile and drone waves targeting Israel and US bases, amid reports of overnight airstrikes on military and gas infrastructure near Isfahan.

Iran reshuffles its security leadership, appointing Mohammad Bagher Zolghadr: he's a former IRGC commander and replaces the assassinated Ali Larijani.

Iran halts natural gas exports to Turkey: follows last week's Israeli strike on the massive South Pars gas field; QatarEnergy declares force majeure on some LNG contracts due war.

more:

https://www.zerohedge.com/geopolitical/iran-sends-more-missiles-israel-after-us-claims-progress-talks-tehran-appoints

Trump says Iran gave US a 'present' related to Strait of Hormuz

The president claimed the gift arrived Tuesday and that it was oil and gas related, but did not provide specifics on what the mystery present was or what prompted the prize.

resident Donald Trump said Tuesday that Iran has given the United States a "present" recently that is related to the Strait of Hormuz in the Persian Gulf.

The president claimed the gift arrived Tuesday and that it was oil and gas related, but did not provide specifics on what the mystery present was or what prompted the prize.

“They gave us a present, and the present arrived today," Trump told reporters in the Oval Office. "It was a very big present, worth a tremendous amount of money, and I’m not going to tell you what the present is, but it was a very significant prize."

Trump said the gift signaled that the United States was negotiating and working with the "right people" in Iran after a conflict broke out in the Middle East last month that resulted in the death of Iran's former Supreme Leader Ayatollah Ali Khamenei.

“They gave it to us, and they said they were going to give it, so that meant one thing to me: we’re dealing with the right people,” Trump said. “We have, really, regime change. You know, this is a change in the regime, because the leaders are all very different than the ones that we started off with that created all those problems."

https://justthenews.com/government/white-house/trump-says-iran-gave-us-present-related-strait-hormuz