Indications are increasing of the possibility of resuming the diplomatic track between the United States and Iran, coinciding with the continuation of the military confrontation between the two countries, amid moves led by mediators to contain the escalation.
Reuters quoted an Iranian source as saying that the mediators proposed a cessation of military strikes for ten days, with the aim of allowing room to discuss ways to revive the interim agreement between Washington and Tehran.
In parallel, Iranian President Masoud Pezeshkian said that his country is now in a war-like situation, stressing that the country cannot be managed according to the same usual rules and procedures under the current circumstances.
Pezeshkian had also stressed that Iran is waging an “all-out war” with the United States, in reference to the scale of the existing confrontation between the two sides and its political, economic, and security repercussions.
In turn, the Iranian Ministry of Foreign Affairs announced that mediators conveyed messages to Tehran during the past few days, stressing that negotiations with the United States remain possible if they take into account Iranian national interests.
In conjunction with these developments, Brent and US crude futures fell by more than a dollar, driven by markets’ hopes for the possibility of resuming negotiations between Washington and Tehran and the accompanying calming of tensions.
