US and Iranian officials have pursued indirect talks through Qatari mediators on the sidelines of the September 2026 UN General Assembly, focusing on an interim deal to reopen the Strait of Hormuz, lift US port blockades and sanctions, release frozen assets, and address Iran's nuclear enrichment ahead of broader negotiations. These contacts represent the first sustained diplomatic engagement since an earlier June memorandum collapsed amid the ongoing US-Israel-Iran conflict that began in February. President Trump has publicly rejected Iran's seven-day proposal while signaling openness to further discussions, with US envoys including Steve Witkoff and Jared Kushner involved and Secretary of State Marco Rubio articulating demands for meaningful limits on enrichment. Iranian Foreign Minister Abbas Araghchi and President Masoud Pezeshkian have conveyed conditions tied to ending hostilities across fronts including Lebanon. Traders monitor sequencing disputes, nuclear concessions, and any shift toward direct high-level attendance by year-end.