Iran's negotiating posture has hardened sharply since the start of the war, with the IRGC exerting growing influence over decision-making, Reuters reports citing sources; Tehran will demand significant concessions from the US if serious talks occur
- Iran would likely demand concessions that are likely red lines for President Trump, which includes guarantees against future military action, compensation and formal control of Hormuz.
- Any limitations to its ballistic missile programme would also be refused.
Context
Iran's increasingly hardline negotiating stance could significantly impact geopolitical stability in the region, especially concerning energy supplies through the Strait of Hormuz. The demand for concessions deemed unacceptable could escalate tensions, potentially affecting oil prices and market risk sentiment as traders gauge the ramifications for U.S.-Iran relations and broader commodity markets.
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