Iran has firmly rejected Donald Trump’s 15-point peace plan aimed at establishing a ceasefire in the Middle East, which reportedly includes demands for Iran to abandon its nuclear ambitions and permit IAEA inspections. In exchange, the U.S. and Israel would ease sanctions and halt military actions. Iran’s leadership insists on a comprehensive peace agreement that respects its conditions, including reparations and a complete U.S. withdrawal from the region.
The rejection of the peace plan comes amid rising tensions, including a recent attack on an Iranian nuclear facility, which could escalate conflict and impact oil markets. WTI crude remains above $88 per barrel, while Brent trades above $95, reflecting market concerns over geopolitical instability despite a significant build in U.S. crude inventories. Additionally, gold prices are rebounding, indicating investor caution amid inflationary pressures.
Market professionals should monitor the evolving situation closely, as continued unrest in the Middle East could lead to further volatility in oil prices and broader financial markets.
Source: xtb.com