On Monday, White House envoy Witkoff sent Iran, through Pakistani mediators, a list of amendments that focus on returning the nuclear issue to the text of the agreement, according to Axios citing a source familiar with the details
- The source said one of the amendments included a requirement that Iran commit not to carry out any activity at its bombed nuclear facilities and not to attempt to touch any part of its enriched uranium stockpile as long as negotiations on these issues continue.
Context
The White House envoy's engagement with Iran through Pakistani mediators marks a potential shift in negotiations related to Iran's nuclear program. If successful, this could ease geopolitical tensions and impact energy prices, strengthening the USD while also affecting cross-asset dynamics like commodities and metals prices in the near term.
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