Iran’s Ghalibaf: Peace is our priority if Washington accepts our conditions

Iran's parliament speaker Mohammad Bagher Ghalibaf stated that peace is Tehran's priority, conditional on Washington accepting Iran's stated conditions, though the headline does not specify what those conditions are. The transmission channel here is geopolitical risk premia, which tends to feed into oil through expectations of Gulf supply disruption and into safe-haven demand when de-escalation prospects are uncertain. Crude oil benchmarks and energy-linked equities are the most directly exposed, since any shift in the perceived probability of a U.S.-Iran settlement changes the risk premium embedded in Brent and WTI. Regional currencies and sovereign debt of Gulf and Iran-adjacent economies may also reprice, while the U.S. dollar and gold could see flows depending on whether the statement is read as a genuine diplomatic opening or as negotiating posture. Traders should watch for official U.S. State Department or White House responses and any scheduled diplomatic talks, as explicit confirmation or rejection of Tehran's conditions would be the decisive near-term catalyst.

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