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Foreign media: Iran shows initial willingness to abandon nuclear program for peace, crude oil prices fall in response

2026-03-05 09:29

According to a report from Sky News Arabia, Iran's Deputy Foreign Minister stated: "Iran is prepared to abandon its nuclear program if the United States can provide a satisfactory alternative." Yesterday, there were reports that Iran has been secretly contacting the United States to reach an agreement and end the conflict, but Iran later denied these reports as false news. In summary, these are clear signals of de-escalation in the situation. Investors may only need to wait for an announcement from the United States or Israel that objectives have been achieved to see the market rejoice. Following the Deputy Foreign Minister's comments, the market reacted positively, with stock markets jumping, while the US dollar and crude oil prices fell. (Jin10)

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