Iran seeks diplomacy, demands end to US pressure
Iran left the door open to diplomacy on Friday, six months into a war with the United States that has upended the Middle East, but only if Washington abandons its pressure campaign. “Putting diplomacy back on track isn’t impossible. It hinges on the US understanding of one simple fact: pressure doesn’t work,” Iranian Foreign Minister Read More:…
Iran's Foreign Minister has stated that diplomacy with the US is possible if Washington ends its pressure campaign. The US has been trying to pressure Iran economically, including by cutting off access to the global financial system.
The US Treasury Department has announced plans to cut off a major Egyptian bank's operations in the United Arab Emirates from the US financial system. According to US Treasury Secretary Scott Bessent, this move is part of an effort to economically pressure Iran, with whom the US has been at war for six months.
The US measure targets Banque Misr's UAE branches, blocking their access to US financial institutions. The Egyptian central bank has stated that it is in contact with the US regarding these measures, which only apply to transactions in US dollars.
Brief written by urgent.news from Punch, Channel News Asia — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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- Iran says US pressure must end to put diplomacy ‘back on track’ gulfnews.com
- US to set limits on Egyptian bank in effort to pressure Iran: official channelnewsasia.com
- US cuts off major Egyptian bank from global financial system middleeasteye.net
- Iran seeks diplomacy, demands end to US pressure punchng.com
- H. R. McMaster says economic pressure on Iran will "make a big difference" as war hits 6-month mark cbsnews.com
