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Iranian Foreign Minister Abbas Araghchi accused the US of choosing military escalation over diplomacy, saying Washington launches a "reckless military adventure" whenever a negotiated solution is available.
Iran ruled out direct talks with US officials as Foreign Minister Abbas Araghchi arrived in Pakistan, closing off speculation about back-channel diplomacy. Separately, the US said it will not renew oil sanctions waivers for Iran and Russia, tightening pressure on both countries and affecting buyers of discounted crude.
The US cancelled a diplomatic trip to Iran after President Trump said Tehran's offer was unsatisfactory. Iran rejected talks it called negotiations held under siege. The breakdown removes the nearest opportunity for direct contact between the two sides.
Trump cancelled diplomatic travel to Islamabad and said Iran-US nuclear talks will shift to phone calls or Washington. The Strait of Hormuz remains closed after Iran's Revolutionary Guards ruled out lifting the blockade. The US military has now redirected 37 ships since the blockade began.
Iran's Foreign Minister Araghchi is meeting Putin in Moscow as Trump says Iranian leaders can call him directly to start talks. The diplomatic activity raises the chance of a back-channel opening on Iran's nuclear standoff, which could affect oil supply expectations.
Iranian Foreign Minister Abbas Araghchi confirmed the Strait of Hormuz is fully open to all commercial vessels amid the Israel-Lebanon ceasefire. The statement is significant because the strait handles roughly 20 percent of global oil supply, and any closure risk directly moves crude prices and marine insurance costs.
Iranian Foreign Minister Abbas Araghchi declared the Strait of Hormuz fully open to commercial vessels for the ceasefire period, triggering a sharp drop in oil prices and a rally in equities. The strait carries roughly a fifth of global oil supply, and the removal of closure risk deflated the geopolitical risk premium
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Iranian Foreign Minister Abbas Araghchi accused the US of choosing military escalation over diplomacy, saying Washington launches a "reckless military adventure" whenever a negotiated solution is available.
1mo ago · 2 min · Global Affairs
Iran ruled out direct talks with US officials as Foreign Minister Abbas Araghchi arrived in Pakistan, closing off speculation about back-channel diplomacy. Separately, the US said it will not renew oil sanctions waivers for Iran and Russia, tightening pressure on both countries and affecting buyers of discounted crude.
1mo ago · 2 min · Global Affairs
The US cancelled a diplomatic trip to Iran after President Trump said Tehran's offer was unsatisfactory. Iran rejected talks it called negotiations held under siege. The breakdown removes the nearest opportunity for direct contact between the two sides.
2mo ago · 1 min · Global Affairs
Trump cancelled diplomatic travel to Islamabad and said Iran-US nuclear talks will shift to phone calls or Washington. The Strait of Hormuz remains closed after Iran's Revolutionary Guards ruled out lifting the blockade. The US military has now redirected 37 ships since the blockade began.
2mo ago · 2 min · Global Affairs
Iran's Foreign Minister Araghchi is meeting Putin in Moscow as Trump says Iranian leaders can call him directly to start talks. The diplomatic activity raises the chance of a back-channel opening on Iran's nuclear standoff, which could affect oil supply expectations.
2mo ago · 1 min · Global Affairs
Iranian Foreign Minister Abbas Araghchi confirmed the Strait of Hormuz is fully open to all commercial vessels amid the Israel-Lebanon ceasefire. The statement is significant because the strait handles roughly 20 percent of global oil supply, and any closure risk directly moves crude prices and marine insurance costs.
2mo ago · 1 min · Global Affairs
Iranian Foreign Minister Abbas Araghchi declared the Strait of Hormuz fully open to commercial vessels for the ceasefire period, triggering a sharp drop in oil prices and a rally in equities. The strait carries roughly a fifth of global oil supply, and the removal of closure risk deflated the geopolitical risk premium
2mo ago · 1 min · Markets
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