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21 May 2026 16:06  |

Iran Reviews US Peace Proposal, Pakistan Mediates to Avoid Escalation

Iran is assessing the latest peace proposal from the United States, as a way to avoid a resurgence of armed conflict. Iranian Foreign Ministry spokesman Esmail Baghaei stated that the country is reviewing the US points based on Iran's 14-point text from a few weeks ago, which includes a short-term agreement on reopening the Strait of Hormuz and lifting the blockade of Iranian ports.

The Iranian president emphasized that the country will not give in to pressure, while Washington demands an end to Iran's nuclear enrichment program and the transfer of its stockpile of highly processed uranium, a key point of contention. The Lebanon issue also remains sensitive, with daily Israeli attacks on Iranian-backed militant groups continuing despite the ceasefire.

Field Marshal Asim Munir of Pakistan visited Tehran to narrow the gap and facilitate a possible announcement of a deal. Islamabad is playing a key role as a mediator between the two sides.

Geopolitical tensions have impacted global energy markets: Brent oil prices fell briefly but then rebounded by 1% to $106 per barrel, reflecting the lingering uncertainty surrounding energy supplies. Iran also warned that if aggression against it were to continue, the potential conflict could spread beyond the Middle East, with threats of attacks on unsuspecting targets.

Variables to monitor include Iran's official response to the US proposal, the outcome of Pakistani mediation, oil price movements, and developments regarding the ceasefire in Lebanon. (arl)

Source: Newsmaker.id

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