Iranian President Refuses Negotiations with Trump Amidst Threats

Iranian President Masoud Pezeshkian refuses to negotiate with Trump under threats, emphasizing a strong stance against U.S. pressure. President Trump has enacted ‘maximum pressure’ policies to cut Iranian oil revenues, possible disruption of oil tanker operations is under consideration. Meanwhile, WTI crude prices fluctuate slightly but remain elevated.

Iranian President Masoud Pezeshkian has firmly stated his unwillingness to negotiate with President Trump while under threats. He expressed his defiance, asserting, “I won’t even negotiate” with Trump and indicating that the U.S. President can “do whatever the hell you want.” This position suggests a significant barrier to any potential nuclear deal negotiations between Iran and the United States.

President Trump has authorized the continuation of ‘maximum pressure’ tactics against Iran, aiming to cut off its oil revenues. The extent to which the U.S. may act against Iran’s oil exports, which currently amount to approximately two million barrels per day, remains uncertain. Furthermore, recent discussions have emerged regarding the U.S. potentially disrupting Iranian oil tankers at sea, though these actions may only lead to delivery disruptions instead of direct military engagements.

In the financial markets, West Texas Intermediate (WTI) crude oil prices are experiencing a slight decline, currently trading at $66.34, while remaining up by 30 cents since the previous session.

In summary, Iranian President Masoud Pezeshkian has made it clear that he will not engage in negotiations with President Trump under conditions of intimidation. Trump’s administration continues to pursue a ‘maximum pressure’ strategy against Iran, specifically targeting its oil revenue streams. The discussion of disrupting Iranian oil shipments indicates escalating tensions, while the oil markets are reacting modestly amidst these geopolitical developments.

Original Source: www.forexlive.com