Iranian Offiical to Press TV says US submitted a request for negotiations with Iran through multiple diplomatic channels, US put forward proposals but Iran considers them a ploy to escalate tensions; Iran rejected US proposal

The Iranian official's rejection of US proposals is likely to escalate existing tensions between the two nations, suggesting that any diplomatic progress may be stalled. This could impact risk sentiment globally, particularly in energy and safe-haven assets like gold, as market participants react to the continued geopolitical friction.