Iranian President Masoud Pezeshkian said the country’s supreme leader has granted the government partial authority to negotiate, a remark that the market read as a sign Tehran may be taking a more flexible position in talks with the United States. After the comment, international oil prices fell sharply while gold and silver moved higher.
The report also said Iran’s strategic decisions remain in the hands of the supreme leader, meaning any progress in negotiations would still require alignment between the supreme leader and the negotiating team. That leaves the government with some room to engage, but not final authority over the direction of the talks.
According to IRNA, Iran had previously put forward a two-day framework proposal that would allow the conditional reopening of the Strait of Hormuz if its demands are met. Those demands include lifting the blockade, releasing frozen funds, and easing sanctions. The combination of partial negotiating authority and those stated conditions has put Tehran’s policy stance back in focus for global markets.
Iranian President Masoud Pezeshkian said the country’s supreme leader has granted the government partial authority in negotiations, according to Odaily.
The comment triggered an immediate market reaction. International oil prices fell sharply, while gold and silver prices rose in a straight move. Markets took the development as a sign that Iran’s negotiating position may be becoming more flexible and that the government could have a better chance of reaching an agreement with the United States.
Any progress still needs approval from the supreme leader
Even so, Iran’s strategic decisions remain under the control of the supreme leader. That means any progress in negotiations would still need the joint approval of both the supreme leader and the negotiating team.
Two-day framework proposal includes Strait of Hormuz condition
According to IRNA, Iran had previously proposed a two-day framework plan that would conditionally reopen the Strait of Hormuz if Tehran’s demands are met.
Those demands include lifting the blockade, releasing frozen funds, and easing sanctions.
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