A senior Iranian security official said Monday that Tehran is not engaged in talks with U.S. President Donald Trump, pushing back on claims of ongoing diplomatic discussions.

The official also stated that Trump stepped back from further attacks on Iranian energy infrastructure due to pressure from financial markets and U.S. allies. The comments were reported by state-linked media and reflect Iran’s position as tensions remain high in the region.

“Trump backed down from attacking critical infrastructure as Iran’s military threats became credible,” the official said in translated remarks. “Financial market pressure and the threat of bonds within the U.S. and the West have increased, and this has been another important factor in this retreat.”

The statement comes amid rising conflict tied to energy routes and regional security. Oil markets have reacted sharply in recent days, with price swings linked to fears of escalation around key infrastructure and shipping lanes.

Iran’s leadership has framed the situation as a strategic standoff, pointing to its ability to disrupt energy flows and respond to military action. At the same time, U.S. messaging has suggested that diplomatic channels may still exist, though no formal talks have been confirmed by either side.

The gap between these narratives highlights ongoing uncertainty. While Washington signals possible de-escalation, Tehran continues to deny negotiations and emphasizes deterrence.

The situation remains fluid, with global markets, regional allies, and military positioning all influencing next steps.

As both sides hold firm publicly, the risk of renewed escalation remains tied to energy infrastructure, shipping routes, and broader geopolitical pressure.