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TRUMP: NO TALKS WITH IRAN

• 8/18/2026
President Donald Trump said that no negotiations or talks with Iran are currently taking place or scheduled. The naval blockade remains fully in effect, while the Strait of Hormuz is open and operating normally. Trump also stated that all mines have been removed or detonated.

📊The reported reopening of the Strait of Hormuz could reduce safe-haven demand to some extent, putting short-term downward pressure on XAUUSD. However, the overall trend will largely depend on further developments involving Iran and the Strait of Hormuz.
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