There will be no nuclear talks with Iran on Sunday, a senior U.S. administration official says, adding Washington still hopes Tehran will resume negotiations soon. “We remain committed to talks and hope the Iranians will come to the table soon,

President Trump told Russian President Vladimir Putin in a phone call on Saturday that White House envoy Steve Witkoff is ready to resume nuclear talks with Iran's foreign minister, the Russian president's foreign policy adviser Yuri Ushakov said.

The retaliatory strikes came after Israel attacked Iran, killing top military leaders and scientists. The assault destroyed an aboveground nuclear enrichment plant near Natanz, the head of the U.N. nuclear watchdog agency said.

CNBC’s “Power Lunch” is joined by Helima Croft, head of commodity strategy at RBC Capital Markets, to discuss oil markets, tensions rising in the Middle East and more.

Iran has warned it will ramp up its nuclear activities after the United Nations nuclear watchdog’s 35-member board of governors adopted a resolution Thursday declaring it in breach of its non-proliferation obligations.