Iranian Foreign Minister says "We are ready for any situation and we do not want war, but we are ready for it and we are also ready to negotiate", Al Jazeera reports
Newsquawk Staff ·
- "We are ready to negotiate with the United States on the basis of mutual respect and mutual interests"
What it means
The Iranian Foreign Minister's statement indicates a willingness to engage in negotiations with the U.S., signaling possible diplomatic openings amid ongoing tensions. This approach, framed around mutual respect, may lead to shifts in market sentiment regarding geopolitical risks, particularly for oil and safe-haven assets like gold. Traders should watch for market reactions related to energy prices and safe-haven flows, as easing tensions could impact those areas significantly.
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