The Supreme Leader ordered us to put an end to this condition of non-war and non-peace,
Iranian President Masoud Pezeshkian said, as reported by Il Sole 24 ORE.
Pezeshkian added, We can dialogue with dignity and close the matter with dignity. We are people of dialogue and negotiation, and the logic says that if we can obtain our rights through the dialogue, we should not involve ourselves in the war, but we will not surrender to force and bullying.
The Brent benchmark dropped roughly 4.6% after reports surfaced that Iran offered to reopen the Strait of Hormuz in exchange for 8 billion dollars in frozen funds, according to Yahoo Finance. Foreign Ministry spokesperson Esmaeil Baghaei emphasized regarding diplomatic efforts with the United States that For the Strait of Hormuz to be reopened, the United States must accommodate Iranian demands,
as reported by Il Sole 24 ORE.
Marco Rubio and Treasury Scott Bessent have expressed strong opposition to the arrangement, warning that the financial relief might prematurely rescue Tehran’s leadership, Yahoo Finance reported. Despite the diplomatic resistance, the restored commercial flows from the Persian Gulf have pushed export volumes to roughly 24 million barrels daily, surpassing pre-conflict levels, according to alVolante.
Yet pump prices for consumers remain elevated due to persisting geopolitical risk premiums and tight global refining capacities. Crude oil trades around 96 dollars per barrel, significantly higher than the 60 dollars recorded in December 2025, alVolante noted.
Bitcoin slipped to approximately 73,600 dollars, failing to rally alongside the drop in energy prices, Yahoo Finance reported.
Data from the CME FedWatch tool indicated a 76.8% probability that the Federal Reserve would implement a rate hike in December, driven partly by lingering inflationary pressures from fuel costs, according to Yahoo Finance. Meanwhile, Bitcoin traded at 74,437 dollars, marking an 8% decline from its November 5 peak of nearly 81,000 dollars.
United States and Israeli military planners have prepared ambitious operational scenarios that involve brief, intense strikes against Iranian energy infrastructure, nuclear sites, and missile installations if negotiations stall, according to Sky TG24. American forces have intensified joint exercises and supplied an additional Patriot battery to Israel, Sky TG24 noted.
Donald Trump stated that new military strikes remain highly unlikely as long as measurable progress continues on nuclear talks and the reopening of the shipping lane, Sky TG24 noted.
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