Iran rejected a US proposal for nuclear talks, stating that all nuclear-related decisions will be made by the Supreme Leader. The Iranian delegation blocked any discussion of nuclear technology, and the head of the Atomic Energy Organization of Iran was barred from joining the delegation. This reflects Iran’s firm stance in negotiations with the US.
Iranian Parliament Speaker Ghalibaf reaffirmed Iran’s control over the Strait of Hormuz amid heightened US-Iran tensions following recent US-Israeli airstrikes and the assassination of Supreme Leader Khamenei. This has led to a dual blockade impacting a vital oil and LNG corridor, increasing the risk of WTI crude oil price increases. Observers should monitor US military strategy and diplomatic negotiations.