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 has left the door open to diplomacy with the United States, six months into a conflict that has disrupted the Middle East. According to the Iranian Foreign Minister, diplomacy can be revived if the US abandons its pressure campaign, stating that "pressure doesn't work".
The US has been trying to pressure Iran economically, including by cutting off its 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, citing the bank's support for the Iranian regime.
The move is part of a broader US effort to economically isolate Iran. The US Treasury Secretary stated that Iran's enablers can no longer enjoy access to the US dollar and the global financial system. The Egyptian central bank has said it is in contact with the US side regarding these measures, which will only affect transactions in US dollars.
Brief written by urgent.news from Punch Nigeria, Punch, Channel News Asia — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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- 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