Iranian Foreign policy advisor says "we are able to continue the war for a long time and there is no room for diplomacy now", via Al Jazeera
Newsquawk Staff ·
Iranian Foreign policy advisor says "we are able to continue the war for a long time and there is no room for diplomacy now", via Al Jazeera.
What it means
The statement from the Iranian advisor indicates a significant escalation in tensions, suggesting that Iran is not currently seeking diplomatic solutions and remains committed to prolonged conflict. This could impact oil prices and risk appetite in the markets as heightened geopolitical risks typically drive investors toward safer assets like gold and certain currencies.
Sources
- US EIA Weekly Crude Production 13.992M (Prev. 13.269M)
- US EQUITY OPEN: Indices rangebound ahead of FOMC and major earnings
- Russia's Kremlin says European representatives will not participate in trilateral talks on Ukraine, according to Interfax
- Al-Mayadeen correspondent in Iran says Iranian officials believe that Trump wants to bring the nuclear issue into the negotiations, which Iran rejects
- No exact dates have been set for Ukraine talks in Abu Dhabi, with preparations still underway, TASS sources say
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