Iran foreign minister says progress made in nuclear talks with US in Geneva

Iran will present detailed nuclear proposals within two weeks to try to close gaps, says US official

Iran's Foreign Minister Abbas Araghchi smiles upon his arrival to deliver a speech during a session of the United Nations Conference on Disarmament, on the sideline of a second round of US-Iranian talks with Washington pushing Tehran to make a deal to limit its nuclear programme, in Geneva, on February 17, 2026. PHOTO: AFP

Iran and the United States reached an understanding on Tuesday on the main "guiding principles" in talks aimed at resolving their longstanding nuclear dispute, but that does not mean a deal is imminent, Iranian Foreign Minister Abbas Araghchi, said.

Oil futures fell and the benchmark Brent crude contract dropped more than 1% after Araghchi,’s comments, easing fears of conflict in the region, where the US has deployed a battle force to press Tehran for concessions.

"Different ideas have been presented, these ideas have been seriously discussed. Ultimately we've been able to reach a general agreement on some guiding principles," Araghchi, told Iranian media after the talks concluded in Geneva.

Switzerland's Foreign Minister Federal councillor Ignazio Cassis (R) meets with Iranian Foreign Minister Abbas Araghchi during a bilateral meeting between Switzerland and Iran, in Geneva, Switzerland on February 17, 2026. PHOTO: AFP

The indirect discussions between US Special Envoy Steve Witkoff and US President Donald Trump's son-in-law Jared Kushner, alongside Araghchi, were mediated by Oman. Oman's Foreign Minister Badr al-Busaidi said on X that "much work is yet to be done", but Iran and the US were leaving with "clear next steps".

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