US EditionIran offers new proposal amid stalled US peace talks
Iran delivered an updated proposal through Pakistan as talks remain stalled and officials say the ceasefire has held since early April.
- On April 13, the U.S. initiated a blockade that stranded Iranian oil tankers, forcing Iran to consider dramatic production cuts within two weeks due to limited storage capacity.
- During his first term, President Donald Trump hiked sanctions as part of a 'maximum pressure' campaign, though the effort failed to secure a nuclear deal with Tehran.
- Wood Mackenzie analysts estimate Iran will exhaust storage capacity in three weeks, with Alexandre Araman writing that 'if the blockade persists, cuts become inevitable.'
- On Monday, Oil Minister Mohsen Paknejad praised terminal staff for their 'continuous perseverance,' while U.S. Treasury Secretary Scott Bessent claimed on X the blockade is collapsing the industry.
- Miad Maleki, a former U.S. Treasury sanctions expert, warned that shutting down oil wells could cause irreversible damage and trigger new unrest among workers if operations halt.
101 Articles
101 Articles
The price of oil registered a sharp drop this Friday after Iranian media reported on a new proposal from Tehran to resume talks with the United States.The initiative was channelled through Pakistan as a mediator.The West Texas Intermediate (WTI) barrel quoted at $99.85 after dropping 4.97%. During the day it even exceeded 5% of loss.On the other hand, Brent crude from the North Sea dropped 3.10% to $106.98. Markets operated cautiously on a low-v…
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Shafaq News – Washington: US media outlets reported on Friday that the United States received, through Pakistani intermediaries, a revised Iranian response to the latest US conditions for ending the war. CBS News quoted Pakistani officials as saying they had conveyed the revised Iranian response to Washington. The sources added that they were optimistic that reaching an agreement might be closer than it was before Iran submitted its new response…
The conflict between Iran and the United States enters its 60th day this Friday, May 1st, the deadline after which Donald Trump must theoretically seek congressional authorization to continue the war. Source link: https://www.liberation.fr/international/moyen-orient/en-direct-guerre-au-moyen-orient-donald-trump-pret-a-ignorer-le-congres-sur-la-poursuite-du-conflit-20260501_XO33PR2TRFBFBKUFXMD5PWEJJY/ Author: LIBERATION, Photo Service, AFP, Reute…
Iran presented, on Thursday, a new proposal to resume negotiations with the United States, currently at a standstill, with the aim of ending the war, announced today the Iranian official agency Irna. The Islamic Republic transmitted on Thursday evening the text of its latest proposal to Pakistan, mediator in talks with the United States, refers to the agency, which did not advance any more details. Israel and the United States launched, on 28 Fe…
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