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Iranian foreign ministry spokesman Esmaeil Baqaei said the US dismissed Iran's latest response in nuclear talks and accused Washington of making unreasonable demands. A public breakdown in positions raises risks for oil markets and complicates any near-term diplomatic agreement.
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.
Iran earned roughly $5 billion in oil exports over the past month while restricting Hormuz access to other vessels, keeping its own crude flowing. A US blockade targeting Iranian tankers would eliminate that revenue stream and pressure China, Tehran's primary buyer of discounted sanctioned crude. Iran's non-Hormuz rout
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Iranian foreign ministry spokesman Esmaeil Baqaei said the US dismissed Iran's latest response in nuclear talks and accused Washington of making unreasonable demands. A public breakdown in positions raises risks for oil markets and complicates any near-term diplomatic agreement.
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
Iran earned roughly $5 billion in oil exports over the past month while restricting Hormuz access to other vessels, keeping its own crude flowing. A US blockade targeting Iranian tankers would eliminate that revenue stream and pressure China, Tehran's primary buyer of discounted sanctioned crude. Iran's non-Hormuz rout
2mo ago · 1 min · Global Affairs
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