"Fundamental differences between the Iranian and American texts still remain", Tasnim reports citing a source
Newsquawk Staff ·
- "Despite some changes in the new American text, fundamental differences stemming from the Americans' exaggeration and lack of realism remain".
- US demands are still excessive, despite draft changes.
- "Iran will not abandon its firm and principled positions on ending the war and realizing the rights of the Iranian people".
Frozen assets
- "Iran's frozen assets must be returned to the Iranian people in a transparent and definitive manner, and paper promises are of no use".
- "Despite some promises, there is disagreement about the return of the frozen funds".
Compensation
- "Iran's determination regarding the necessity of paying compensation by the Americans for the military aggression against Iran is very serious".
- "The Americans are far from Iran's demands regarding its amount and some other issues."
Nuclear
- "The Americans are still trying to tie the negotiations to end the war to the nuclear issue, which is against logic, and Iran will not agree to it. The Americans must understand that Iran will in no way agree to an end to the war in return for nuclear commitments".
- "Iran has not and does not have any intention of building nuclear weapons, and this claim is just an excuse and deception by the Americans. This issue has also been emphasized in the new text".
What it means
The ongoing tensions highlighted by Iran's refusal to budge on key demands, despite the U.S. proposing some changes in its stance, suggest that diplomatic resolutions remain elusive. This could lead to heightened uncertainty in energy markets and affect the USD as negotiations that tie nuclear issues to the end of conflict appear increasingly complicated. Traders should watch for any potential implications in oil prices, particularly for WTI and Brent, as geopolitical stability is a significant factor driving commodity markets.
Sources
- US and Israeli militaries have reportedly developed plans for renewed strikes on Iran after the US midterm elections, targeting energy infrastructure, nuclear facilities and missile and drone arsenals, NYT reports, citing sources
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