Iran delivered on Thursday to the US through the Pakistani mediators its response to the latest US amendments on the agreement to end the war, Axios' Ravid reports citing sources

Iran's response to U.S.

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Iranian state-run IRNA confirms text of proposal was delivered Thursday

[MARKET UPDATE] Risk on trade seen after Axios runs the news about Iran delivering its response, initially reported by Iranian journalist Massoumi; ES rose from 7,254 to 7,272 before trimming towards 7,265 while Brent fell USD 1.20/bbl before paring

Iran delivered on Thursday to the US through the Pakistani mediators its response to the latest US amendments on the agreement to end the war, Axios' Ravid reports citing sources

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Context

amendments on the peace agreement indicates ongoing diplomatic efforts, which could influence regional stability and potentially impact oil supply dynamics. If progress is made, it may ease tensions and affect commodity prices, especially WTI crude, as market participants assess the implications for future energy supply and geopolitical risks.

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