Summary
- A report said Iran has cut off all diplomatic and indirect communication channels with the US.
- Odaily, a cryptocurrency-focused media outlet, cited Iran's state-run Tehran Times in reporting the development.
- Some in the market say the risk of military conflict could increase if the diplomatic buffer disappears.
Iran has cut off all diplomatic and indirect communication channels with the US, according to a report.
Odaily, a cryptocurrency-focused media outlet, reported on April 7, citing Iran's state-run Tehran Times, that Tehran had severed all diplomatic and back-channel lines of communication with Washington.
The move has fueled concern in the market that the risk of military conflict could rise if that diplomatic buffer disappears.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.