Trump: Iran Prepares Offer, Peace Talks Scheduled to Resume in Pakistan
US President Donald Trump said Iran plans to present an offer aimed at meeting Washington's demands, as peace talks are expected to resume in Pakistan. "They've made an offer, and we'll see," Trump said in a phone interview on Friday (April 24), adding that he did not yet know the details of the offer.
Trump emphasized that any deal must include Iran giving up enriched uranium and ensuring free oil flow through the Strait of Hormuz. He also asserted that the US military would maintain a blockade of Iranian ports until a deal is reached. When asked what would be needed to lift the blockade, Trump said he needed to see what Iran offers first.
The White House has previously expressed concerns about who is leading Iran, with US officials describing Tehran's leadership structure as "fragmented." On Friday, Trump declined to name the parties he is negotiating with, saying only that the US is "dealing with the people who are currently in charge."
US envoys Steve Witkoff and Jared Kushner are scheduled to depart for Islamabad on Saturday to meet with the Iranian delegation. Reuters previously reported that Iranian Foreign Minister Abbas Araqchi was expected in Islamabad on Friday to discuss a proposal to restart talks.
For the market, the main focus remains on two key points: the status of the blockade and ensuring access to the Strait of Hormuz. Diplomatic progress has the potential to ease energy risk premiums, while a prolonged impasse is likely to maintain oil volatility—which could then influence inflation expectations and the direction of interest rates. Market participants will be monitoring the content of Iran's offer, the schedule of the meeting in Islamabad, and any signs of change in the blockade and shipping flows in Hormuz. (Arl)
Source: Newsmaker.id
