Senior Iranian official tells Reuters that Tehran will not accept deadlines or pressure to make a decision; will not reopen Strait of Hormuz in exchange for a ‘temporary ceasefire’
- Believes that the US lacks readiness for a permanent ceasefire
Context
This statement from the Iranian official signals a firm stance against external pressures, particularly from the U.S., potentially indicating ongoing tensions in the region. The refusal to reopen the Strait of Hormuz in exchange for a temporary ceasefire could keep oil supply routes under threat, impacting energy markets and heightening geopolitical risk perceptions, particularly for related assets like oil and safe havens.
Trade the TapeGet this analysis live, the moment it breaksNewsquawk's real-time dashboard delivers market-moving headlines and instant context to your desk before the rest of the market reacts.
Open Dashboard#GEOPOLITICAL#IMPORTANT#EU SESSION