Published 9 hours ago • loading... • Updated 2 hours ago
Iran examining new U.S. proposal, Foreign Ministry spokesman says
Iran says it is reviewing the latest U.S. proposal as Pakistan-mediated talks continue, while oil prices fell more than 5% on hopes of a deal.
Iran confirmed on Thursday it is reviewing the latest United States proposal received from mediator Pakistan, aiming to end the war despite both sides trading threats over resuming attacks.
The vital Strait of Hormuz remains closed, blocking a fifth of global oil and liquefied natural gas, while the United States maintains a blockade on Iranian ports.
Enforcing the blockade, CENTCOM redirected 91 commercial ships to ensure compliance, while the Islamic Revolutionary Guard Corps Navy allowed 26 vessels to transit the strait over 24 hours.
President Donald Trump told reporters Washington is in the "final stages" of negotiations, warning, "We'll either have a deal, or we're going to do some things that are a little bit nasty."
Amid the closure, the Food and Agriculture Organization warned Wednesday of a "severe global food price crisis" and a "systemic agrifood shock" as fertilizer supplies drop.
Iran announced this Wednesday that it analyses a new U.S. proposal delivered through Pakistan’s mediation after Donald Trump claimed that negotiations are in the “final stages.”
Minister for Foreign Affairs of Iran ensures that the presence of the Pakistani Minister of Internal Administration in Iran serves to facilitate the exchange of messages between Tehran and Washington.
Iran announced Wednesday evening that it is considering a new American peace proposal, transmitted through the Pakistani mediator, following threatening statements on both sides, and US President Donald Trump is misgivings that it is not rushing into this final phase of negotiations, AFP reports.