Iran reviews US response to proposal aimed at ending hostilities – Reuters
Iran is reviewing the United States’ (US) response to its proposal aimed at ending hostilities, a senior Iranian official told Reuters on Wednesday, signaling that diplomatic efforts between Tehran and Washington remain underway.
Iran is examining the United States' reaction to its proposal aimed at ending hostilities, according to a senior Iranian official speaking to Reuters on Wednesday. This indicates that diplomatic efforts between Tehran and Washington are ongoing. During indirect talks between Iran and the US on Tuesday, reopening the Strait of Hormuz and lifting the US blockade were among the topics discussed.
Tehran's main goals are to permanently cease hostilities and lift the US naval blockade. Yet, significant disparities persist between Iran and the US positions, yet diplomacy persists. The global market reaction remains muted, with the US Dollar Index (DXY) modestly advancing by 0.47% to just above 101.00 on Wednesday. West Texas Intermediate (WTI) crude oil also declines, yet remains 1.47% higher at approximately $90.80 per barrel.
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