Iranian Foreign Ministry Spokesperson Baghaei says Iran is focused on ending the war

The Iranian Foreign Ministry's emphasis on ending the war suggests a potential de-escalation in regional tensions, which could influence oil supply dynamics.

Newsquawk StaffPublished 18 May 2026, 08:35 UTCOn the live feed at 08:15 UTC — 4 more headlines followed before this page went public

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Pakistan’s Interior Minister Mohsin Naqvi was in Tehran this weekend, around the same time Iran shared a revised proposal to the US via Pakistan, Journalist Mallick reports

08:15

Iranian Foreign Ministry Spokesperson Baghaei says Iran is focused on ending the war

08:11

Western sources say the new Iranian proposal includes a commitment of unclear value not to produce nuclear weapons, no mention of Uranium, no mention of Hormuz, Journalist Segal reports

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Context

If Iran successfully pivots towards peace, it may lead to increased supply clarity, impacting WTI prices and broader commodity markets, especially if this aligns with or counters current geopolitical risk pricing. Watch for reactions in oil markets, as their sensitivity to geopolitical developments typically amplifies such statements.

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