IRAN'S GHALIBAF SAYS US MUST MEET SEVEN CONDITIONS TO GAIN TRUST - MEHR

Iran's parliamentary speaker Mohammad Bagher Ghalibaf, as reported by the Mehr news agency, said the United States must satisfy seven conditions before Tehran can regard Washington as trustworthy. The headline does not specify the conditions, so the statement reads as a political signal on the state of US-Iran diplomacy rather than a concrete policy change. The primary transmission channel is geopolitical risk premia, where official rhetoric that hardens the negotiating stance can lift the probability of prolonged sanctions or regional escalation and feed into oil and shipping insurance pricing. Iran-linked exposure is most direct in Iranian-related instruments and regional assets, while crude benchmarks and Gulf shipping routes carry second-order sensitivity to any perceived disruption to Strait of Hormuz transit. Traders should watch for the official text or itemization of the seven conditions and any response from Washington, as well as the next scheduled round of nuclear talks or IAEA reporting, which would indicate whether the rhetoric translates into negotiating movement.

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