US and Iran Negotiate to End War, Nuclear Program Not Included

Iran's Foreign Ministry spokesman Esmaeil Baghaei stated that ongoing negotiations between the US and Iran are focused on ending the war, not on Iran's nuclear program. Baghaei clarified that the nuclear issue would be addressed in subsequent negotiation stages, dismissing current media speculation as unfounded. The talks, which have not been officially confirmed by the US, are reportedly taking place in Oman, according to Iranian sources. This development comes amid heightened tensions in the Middle East, particularly following the Israel-Hamas conflict and Iran's increased uranium enrichment activities. The US has not publicly commented on the negotiations, but the potential for de-escalation could impact regional stability and global oil markets.

Global Impact

Economically, a US-Iran agreement to end the war could lower oil prices by reducing geopolitical risk, benefiting net oil importers like India and Japan while pressuring energy sector equities. Politically, it would ease US-Iran tensions and potentially reduce Iran's support for proxy groups, altering the balance of power in the Middle East.