Iran's Ghalibaf, head of Iran's negotiating delegation with US, has resigned and stepped down from membership in this delegation, according to Iran International

  • Ghalibaf has reportedly been reprimanded in the Islamic Republic for his efforts to include the nuclear energy issue as part of the negotiation axes with America, and has been forced to resign.
  • The possibility of replacing Ghalibaf with Saeed Jalili at the head of the negotiating delegation has been raised, and Foreign Minister Araghchi is also trying to take responsibility for the file of negotiations with America by stepping aside Ghalibaf.
Context

Ghalibaf's resignation from Iran's negotiating delegation with the U.S. signals potential instability in nuclear negotiations, which could influence market sentiment and asset prices. The shift in leadership may either escalate tensions or open pathways to different negotiation strategies, impacting currencies and commodities, particularly oil and gold, as traders reassess the geopolitical landscape.

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