Tehran reviews U.S. proposal but rules out negotiations, raising fears of prolonged conflict and market volatility.
Iran War
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Washington’s proposal targets nuclear rollback, regional influence, and recognition of Israel—but major gaps remain.
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State media: “It is not logical to enter into such a process with those who violate the agreement”; Tehran insists …
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POLITICS
U.S. Proposal Reaches Iran as Pakistan, Turkey Emerge as Mediators
by Daphne Dougnby Daphne DougnTehran signals cautious openness via backchannels, even as it publicly rejects talks with Washington.
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Futures & Commodities
Oil Drops as Iran Signals Limited Access Through Hormuz
by Daphne Dougnby Daphne DougnCrude falls 5% as Tehran allows “non-hostile” ships passage, easing worst-case supply fears.
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POLITICS
U.S. Sends Iran 15-Point Plan to End War, Trump Says Talks Underway
by Dean Dougnby Dean DougnBackchannel diplomacy intensifies as Washington claims progress—while Tehran denies direct negotiations.
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Tehran suspects negotiations could be a ploy to target senior leaders as trust collapses in wartime diplomacy.
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POLITICS
Trump says US making headway in talks with senior Iranian official
by Dean Dougnby Dean DougnConflicting signals on backchannel negotiations rattle markets as diplomacy and escalation collide in the Gulf.
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Memphis speech outlines U.S. strategy: overwhelming force paired with coercive diplomacy to force Tehran into negotiations.
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ADNOC chief warns global energy security at risk as tanker traffic halts through key oil chokepoint.