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’
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.
Senior Iran official confirmed receipt of Pakistan's proposal; is being reviewed; says Tehran will not accept deadlines or pressure to make a decision
Reports of explosions heard in Kuwaut, SNN reports
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’
[MARKET UPDATE] DXY pares back the losses seen on Pakistan mediating between US and Iran; Oil futures hold onto losses while US equity futures hold onto gains
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- Believes that the US lacks readiness for a permanent ceasefire
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.
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