Iran weighs US proposal as Trump says war will be 'over quickly'
Iran is weighing the US peace proposal that was relayed via Pakistan, the BBC reports, as President Trump said the war could be 'over quickly'. The diplomatic traffic marks a new test point for global markets. Both sides remain cautious about a final agreement.
According to the BBC, Iran is currently weighing the US peace proposal that was conveyed via Pakistan. At the same time President Donald Trump said the war could be "over quickly" and that talks were moving in a positive direction. The remarks signal a new phase in the diplomatic traffic of recent weeks.
The key planks of the proposal are reported to include ending hostilities, securing the Strait of Hormuz and renewed international oversight of Iran's nuclear infrastructure. In Tehran the Supreme National Security Council is said to be reviewing the conditions of the offer. The White House argues that a settlement could clearly reduce regional tensions.
Global markets are monitoring statements from both sides closely. Movements in Brent crude and the Iranian rial are providing real-time signals on the direction of the process. European and Asian capitals say that a framework deal would help ease disruptions across critical energy corridors.
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