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Sides between US and Iran remain far apart, however, on the substantive issues of reopening the Strait of Hormuz and Iran's nuclear programme, WSJ reports, citing sources, an indication negotiations will continue to be fraught

The ongoing negotiations between the US and Iran appear set to continue, with Iran softening its conditions for talks concerning its nuclear program in exchange for sanctions relief, as reported by the WSJ.

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Sides between US and Iran remain far apart, however, on the substantive issues of reopening the Strait of Hormuz and Iran's nuclear programme, WSJ reports, citing sources, an indication negotiations will continue to be fraught

Head of the Iranian Parliament News Agency says Iran informed the countries of the region, led by the UAE, that if the war is renewed, Iran will direct devastating strikes against oil wells, Al Mayadeen reports

Iran's Rahimi to Al-Mayadeen, says the negotiations were not conducted by telephone as Trump claims, but rather through the Pakistani mediator and sometimes through an exchange of messages with Iran's FM Araqchi

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  • Iran softens conditions for resuming peace talks with the US - Title of WSJ article.
  • The new proposal then calls for discussing the issues around Iran's nuclear file in exchange for US sanctions relief, sources said.
  • Iran has indicated to mediators that it would be ready to sit down for talks in Pakistan by early next week if Washington is open to the new proposal, sources said.
Context

However, significant substantive issues remain unresolved, indicating potential volatility, especially regarding oil prices and the flow through the Strait of Hormuz, which could impact energy markets heavily if disruptions occur.

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