Iranian President Pezeshkian said to French President Macron in a phone call on Monday that Iran will negotiate only under international law, while he claimed that unreasonable US demands prevented an agreement in weekend talks between US and Iran

The comments from Iranian President Pezeshkian signal a firm stance from Iran regarding negotiations, asserting that the US demands are unreasonable and obstructing progress. This could lead to heightened tensions in the region, impacting oil prices, gold, and the broader forex market, particularly for currencies like the USD and EUR which may react to perceived geopolitical risks.