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Iran Keeps Diplomacy Open as US Pressure Intensifies

Iran Keeps Diplomacy Open as US Pressure Intensifies
Iran urges nations not to yield to US threats as it keeps door open to diplomacy · livemint.com

Iran is telling other countries not to obey threats from the United States.

Iran’s foreign minister also said that new talks with the United States could still happen.

He said the United States would need to build trust and keep its promises.

The United States is increasing economic pressure on Iran and threatening countries that do business with it.

Several countries, including Pakistan, Oman and Qatar, have visited Iran to help restart discussions.

They are also discussing how ships might safely pass through the Strait of Hormuz.

Iran says the waterway could reopen if certain conditions are met, but it has not explained all of them.

Some oil is moving through the strait again, although flows remain below prewar levels.

Oil and liquefied natural gas exports remain affected by the continuing uncertainty.

Key facts

Iranian position
Foreign Minister Abbas Araghchi said pressure does not work and that renewed diplomacy is not impossible.
US pressure
Treasury Secretary Scott Bessent announced a campaign to further restrict Iran’s economy and threatened penalties for countries doing business with Iran.
Key demand
President Donald Trump has signaled he will not lift the blockade of Iranian ports merely to restart talks.
Mediation
Pakistan, Oman and Qatar sent officials to Tehran to discuss diplomacy and the Strait of Hormuz.
Strait traffic
An estimated 6 million to 8 million barrels of crude per day are moving through the Strait, about half prewar levels.
Oil prices
Brent crude traded at about $89 per barrel on Friday and had risen about 45% this year.
Energy uncertainty
Qatar extended force majeure on liquefied natural gas supplies to European and Asian buyers by another month.

Quotes

Abbas Araghchi

Iran’s foreign minister

“pressure doesn’t work.”
livemint.com

Sources

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