Iran’s Press TV is out with a report:
Iran reviewed the US proposal and considers them excessiveIran will not allow Trump to dictate the timing of the end of the warTehran delivered via regional intermediary that it will continue defending itselfThe first condition for the end of the war is end of attacks and assassinationsIran’s defensive conditions will continue until its conditions are metDemand establishment of concrete guarantee preventing the recurrence of warIran demands clear determination and guaranteed payment for war damage
I’m having a hard time seeing how this evolves into a ceasefire by the weekend. Then it’s in Trump’s hand about how much he wants to escalate.
Stock gains have faded somewhat and WTI has given back some gains.
CNN reports that the US is trying to conduct talks in Pakistan that include JD Vance so we will see what comes of that.
This article was written by Adam Button at investinglive.com.