Iran Foreign Minister Araghchi says Iran is trying to maintain the ceasefire to give diplomacy a chance, will return to talks if the US is ready for a fair deal
- Reiterates Iran is only interested in negotiations if the other side is serious
- Reiterates Iran's mistrust of Americans
- Reiterates that all vessels can pass through the Strait of Hormuz except those at war with Iran.
- Reiterates that vessels wanting to pass must coordinate with the Iranian Navy.
- The situation regarding the Strait of Hormuz is complex, and we are trying to find a solution, we hope the Strait will be fully reopened.
- The US have agreed to postpone negotiations on enriched material.
- Mediation process by Pakistan has not failed but it is in difficulty.
- Welcomes anything China will do to help the situation.
- Americans must exercise patience due to the existence of many details.
Context
Iran's Foreign Minister's comments highlight their commitment to maintaining the ceasefire while expressing skepticism towards US negotiations, which suggests ongoing tension in regional diplomacy. This could impact energy markets, given the critical nature of the Strait of Hormuz for oil shipments, thus influencing commodity prices and potentially the USD's strength versus other currencies.
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