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PiCK

Trump Says Iran Proposal Is ‘Unacceptable’

Source
JH Kim

Summary

  • President Donald Trump said Iran’s negotiation proposal cannot be accepted.
  • Markets are focused on how the US-Iran deadlock could affect Middle East tensions and the global oil market.
  • Further negotiations and the scale of any military response are key variables.

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President Donald Trump said Iran’s proposal in ongoing talks is “unacceptable,” underscoring continued tensions between واشنطن and Tehran.

Walter Bloomberg reported on May 11 that Trump rejected the Iranian proposal as unacceptable.

The comments came after Iran delivered its response to a US ceasefire and negotiation proposal.

Iran has reportedly sought sanctions relief, authority related to the Strait of Hormuz and an end to the war.

The US, for its part, is demanding limits on Iran’s nuclear program and the restoration of normal passage through the strait.

The two sides have also failed to bridge differences over a ceasefire and maritime transit.

Markets are watching how the deadlock in US-Iran talks could affect Middle East tensions and the global oil market. Further negotiations and the scale of any military response are emerging as key variables.

Photo: Shutterstock
Photo: Shutterstock
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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