The China Mail - US optimistic about reaching peace deal with Iran

USD -
AED 3.67305
AFN 63.483762
ALL 83.130011
AMD 368.260537
ANG 1.790403
AOA 917.468877
ARS 1477.237062
AUD 1.445714
AWG 1.8
AZN 1.700783
BAM 1.724631
BBD 2.015008
BDT 123.052911
BGN 1.69088
BHD 0.377023
BIF 2985
BMD 1
BND 1.298014
BOB 6.913275
BRL 5.195399
BSD 1.000494
BTN 94.394378
BWP 13.651955
BYN 2.847191
BYR 19600
BZD 2.012169
CAD 1.419865
CDF 2269.000308
CHF 0.810045
CLF 0.023336
CLP 918.490322
CNY 6.790501
CNH 6.801705
COP 3445.39
CRC 455.363127
CUC 1
CUP 26.5
CVE 97.375019
CZK 21.332097
DJF 177.720399
DKK 6.571161
DOP 58.949976
DZD 133.428028
EGP 49.519702
ERN 15
ETB 158.649936
EUR 0.87914
FJD 2.26175
FKP 0.75995
GBP 0.757655
GEL 2.639619
GGP 0.75995
GHS 11.225014
GIP 0.75995
GMD 72.501353
GNF 8774.99992
GTQ 7.632888
GYD 209.329395
HKD 7.84075
HNL 26.719808
HRK 6.627197
HTG 130.762583
HUF 311.387015
IDR 17961.8
ILS 2.982925
IMP 0.75995
INR 94.44965
IQD 1310
IRR 1375050.000114
ISK 126.551286
JEP 0.75995
JMD 157.684032
JOD 0.709022
JPY 161.802041
KES 129.394249
KGS 87.450127
KHR 4009.999932
KMF 433.999994
KPW 900.00035
KRW 1544.784972
KWD 0.30963
KYD 0.833737
KZT 484.885895
LAK 22065.000044
LBP 89549.999705
LKR 337.175056
LRD 182.25009
LSL 16.590354
LTL 2.95274
LVL 0.60489
LYD 6.405043
MAD 9.415501
MDL 17.758476
MGA 4224.999809
MKD 54.198171
MMK 2099.534862
MNT 3583.823146
MOP 8.07945
MRU 40.069702
MUR 48.193657
MVR 15.450309
MWK 1736.99973
MXN 17.51417
MYR 4.122031
MZN 63.909553
NAD 16.590352
NGN 1375.66987
NIO 36.609878
NOK 9.853235
NPR 151.027498
NZD 1.769895
OMR 0.384502
PAB 1.000485
PEN 3.422021
PGK 4.38325
PHP 61.338504
PKR 278.050222
PLN 3.766665
PYG 6113.48706
QAR 3.645011
RON 4.601199
RSD 103.21099
RUB 75.703359
RWF 1466
SAR 3.754957
SBD 8.051953
SCR 14.696907
SDG 600.000269
SEK 9.732975
SGD 1.296301
SHP 0.746601
SLE 24.80389
SLL 20969.503664
SOS 571.503468
SRD 37.320338
STD 20697.981008
STN 22
SVC 8.754541
SYP 110.532098
SZL 16.590103
THB 33.371953
TJS 9.249239
TMT 3.5
TND 2.937502
TOP 2.40776
TRY 46.514204
TTD 6.795175
TWD 31.821502
TZS 2618.935975
UAH 44.986949
UGX 3701.80946
UYU 40.139678
UZS 12015.000196
VES 620.752985
VND 26320
VUV 119.820737
WST 2.777776
XAF 578.419823
XAG 0.017201
XAU 0.000248
XCD 2.70255
XCG 1.803071
XDR 0.718004
XOF 572.999659
XPF 105.501968
YER 238.625001
ZAR 16.4793
ZMK 9001.200492
ZMW 18.058287
ZWL 321.999592
  • RBGPF

    0.0000

    61.3

    0%

  • RYCEF

    -0.1600

    18

    -0.89%

  • CMSC

    -0.0190

    22.046

    -0.09%

  • BTI

    1.0900

    62.48

    +1.74%

  • BCE

    0.0000

    23.2

    0%

  • RELX

    -0.2300

    30.92

    -0.74%

  • GSK

    0.8000

    51.89

    +1.54%

  • NGG

    0.5900

    83.42

    +0.71%

  • RIO

    1.0800

    95.11

    +1.14%

  • VOD

    0.0500

    13.86

    +0.36%

  • JRI

    0.0100

    12.58

    +0.08%

  • BCC

    2.1000

    79.76

    +2.63%

  • CMSD

    -0.0900

    21.93

    -0.41%

  • BP

    -0.1400

    37.72

    -0.37%

  • AZN

    2.6600

    185.68

    +1.43%

US optimistic about reaching peace deal with Iran
US optimistic about reaching peace deal with Iran / Photo: © AFP

US optimistic about reaching peace deal with Iran

The United States is discussing a possible second round of peace talks with Iran in Pakistan and is optimistic about reaching a deal, US officials said Wednesday, as Tehran threatened to shut down Red Sea trade unless Washington lifted a naval blockade of its ports.

Text size:

A Pakistani delegation arrived in Tehran meanwhile bearing a new message from Washington after US President Donald Trump indicated negotiations could resume this week following last weekend's abortive talks in Islamabad.

White House Press Secretary Karoline Leavitt told reporters further talks "would very likely" be in the Pakistani capital. "Those discussions are being had," Leavitt said, and "we feel good about the prospects of a deal."

US Vice President JD Vance, who led the first round of talks, has said Iran is being offered a "grand bargain" to end the six-week war with Israel and the United States and address the decades-old dispute over Tehran's nuclear program.

Israeli Prime Minister Benjamin Netanyahu said Israel and the United States have "identical" goals -- enriched material removed from Iran, elimination of enrichment capability and a reopening of the Strait of Hormuz.

The strait, through which one-fifth of the world's crude oil normally flows, has been choked by Iranian forces since the US-Israeli offensive began and is now the focus of the US blockade.

On the economic front, IMF chief Kristalina Georgieva warned of "tough times ahead" for the global economy if the war in the Middle East is unresolved and oil prices stay high, adding that inflation risks could seep into food prices.

Optimism about an accord in the US-Iran conflict sent share prices higher on Wall Street, however, with the major stock indices finishing at records on Wednesday while crude prices dropped.

- 'Zero ships have broken through' -

Washington has sought to turn the screws on Tehran with a blockade of its ports, with US Central Command claiming to have "completely halted economic trade going into and out of Iran by sea."

CENTCOM said it has turned back 10 vessels that tried to sail out of Iranian ports during the first 48 hours of the blockade and "zero ships have broken through."

The picture based on recent maritime tracking data in the Strait of Hormuz was less clear-cut, and Iran's Tasnim news agency reported shipping has continued from southern Iran.

The head of Iran's military central command center warned that a US failure to lift the blockade would constitute "a prelude" to violating the two-week ceasefire struck on April 8.

Unless Washington relents, Iran's armed forces "will not allow any exports or imports to continue in the Persian Gulf, the Sea of Oman and the Red Sea," Ali Abdollahi said.

The military adviser to Iran's supreme leader Mojtaba Khamenei warned that Iran would sink American ships in the Strait of Hormuz if the United States decides to "police" the key shipping channel.

"These ships of yours will be sunk by our first missiles," Mohsen Rezaei, a former commander-in-chief of Iran's Revolutionary Guards who was named as a military adviser by Khamenei last month, told state TV.

In Tehran, Iranian Foreign Minister Abbas Araghchi welcomed a Pakistani delegation on Wednesday led by army chief Asim Munir that Iranian state television said was to relay a new US message and discuss a second round of talks.

- No nuclear weapons -

Trump has insisted that any deal with Iran must permanently bar the Islamic Republic from acquiring a nuclear weapon.

He launched the war on February 28, claiming that Tehran was rushing to complete an atomic bomb, an assertion not backed by the UN nuclear watchdog.

Washington has reportedly sought a 20-year suspension of Iran's uranium enrichment program while Tehran has proposed suspending nuclear activity for five years -- an offer US officials rejected.

Tehran insists its nuclear program is for civilian purposes and its foreign ministry said Wednesday that Iran's right to enrich uranium was "indisputable" although the level of enrichment was "negotiable."

The latest signals on US-Iran talks came as Israel and Lebanon agreed to open direct negotiations after their first high-level face-to-face meeting since 1993 took place on Tuesday in Washington.

Netanyahu on Wednesday spoke of two central objectives in the talks with Lebanon: "First, the dismantling of Hezbollah; second, a sustainable peace...achieved through strength."

The Trump administration is pressing for an end to the conflict between Israel and Iranian-backed Hezbollah militants in Lebanon, fearing it could jeopardize a broader settlement.

But the diplomatic push remained fragile as Hezbollah, which is hostile to any talks, fired dozens of rockets at Israel and the Israeli military claimed hits on more than 200 targets linked to the militant group in Lebanon over a 24-hour period.

burs/cl/jgc

I.Ko--ThChM