Iranian President Masoud Pezeshkian reiterated that Iran will not engage in negotiations under pressure, threats, or blockade, reinforcing the country's stance amid ongoing geopolitical tensions. This position affects the likelihood of near-term diplomatic breakthroughs on nuclear talks or sanctions relief, limiting immediate upside for risk assets linked to Iran. The transmission channel is primarily geopolitical risk repricing, influencing regional stability expectations and oil supply security perceptions. Markets most exposed include Middle East equity indices, Persian Gulf shipping routes, and energy commodities, particularly crude oil futures sensitive to Strait of Hormuz disruptions. Traders will watch for any signals during upcoming IAEA reports or multilateral diplomatic engagements, especially indirect U.S.-Iran talks via European intermediaries.
IRAN WILL NOT ENTER TALKS UNDER PRESSURE, THREATS OR BLOCKADE: PRESIDENT MASOUD PEZESHKIAN
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