Iranian Foreign Ministry spokesperson Baghaei says communication with the US Special Envoy is open. Adds, they are ready to negotiate on the basis of mutual respect
Newsquawk Staff ·
Iranian Foreign Ministry spokesperson Baghaei says communication with the US Special Envoy is open. Adds, they are ready to negotiate on the basis of mutual respect.
What it means
The statement from Iran's Foreign Ministry indicates a willingness to engage in negotiations with the U.S. based on mutual respect, which could signal a potential thaw in relations. This development is notable given the backdrop of heightened tensions, and it may impact risk sentiment, particularly in the Middle East and related markets such as oil. Traders should keep an eye on how this evolves, as it could influence both geopolitical stability and investment flows into safer assets.
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