Iran's Foreign Minister Aragchi to Al Jazeera says what is happening now is not negotiations but an exchange of messages directly or through our friends in the region

  • No truth to negotiations with a specific entity in Iran, messages arrive via the Foreign Ministry, and there are communications between security agencies.
  • Message exchange is conducted within a specific framework through the government and under the supervision of the National Security Council.
  • Have not sent any response to the 15 American proposals, nor have we submitted any proposals or conditions.
  • Have not made any decision regarding the negotiations, and we have observations on them, and our conditions for ending the war are clear.
  • will not accept a ceasefire but rather seek a complete end to the war not in Iran alone but in the entire region.
  • Iran's conditions are to ensure no repetition of the attacks and to provide compensation for the losses.
  • The Iranian people cannot be threatened, and the US President must address them with respect.
  • Strait of Hormuz fully open and closed only to those who fight us.
  • Have taken all measures to ensure the safe passage of friendly ships through the Strait of Hormuz.
  • Strait of Hormuz can be a passage for peace, and the measures concerning it are tied to the states bordering it.
  • Prepared for any ground confrontation and I hope the enemies do not make any miscalculations.
  • Did not want war and did not start it, and we are only defending ourselves.
  • Are not attacking friends in the Gulf and are targeting only the American bases and assets.
  • Will be difficulties in building trust with neighbouring countries in the future, but confident that we will rebuild it.
Context

Iran's Foreign Minister's statements indicate a complicated diplomatic landscape, as he emphasizes that there are no ongoing negotiations with the U.S. but rather an exchange of messages. This reluctance to engage directly may heighten tensions and influence market sentiment across currencies, particularly affecting the USD, JPY, and commodities like oil and gold, given Iran's pivotal role in the Strait of Hormuz and regional security. Investors should brace for potential volatility, particularly in energy markets as these developments unfold.

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