Iran signals willingness to negotiate with the US, with lifting the blockade and unfreezing funds as key demands

Odaily: Iranian President Masoud Pezeshkian stated that the Supreme Leader has granted the government partial authority in negotiations. Following the news, international oil prices plunged while gold and silver prices surged, with the market interpreting this as a signal that Iran's negotiating stance may become more flexible and that the government's ability to reach an agreement with the US may be strengthened.

It is worth noting that Iran's strategic decisions remain under the control of the Supreme Leader, so any progress in negotiations requires the consensus of both the Supreme Leader and the negotiating team. Iran has previously proposed a two-day framework plan to conditionally reopen the Strait of Hormuz, provided that Iran's demands are met, including lifting the blockade, releasing frozen funds, and easing sanctions. (IRNA)