Within a day, the Iran-U.S. cease-fire began breaking down. Markets shrugged | Fortune
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Within a day, the Iran-U.S. cease-fire began breaking down. Markets shrugged | Fortune
"Ghalibaf cited continued Israeli strikes in Lebanon, a drone shot down over Iran's Fars Province, and what Tehran called a denial of its right to uranium enrichment. 'In such situation, a bilateral ceasefire or negotiations is unreasonable,' he wrote in a statement posted to X."
"The statement throws immediate uncertainty over a deal that is barely 24 hours old and exposes a fundamental disagreement over what was actually agreed to. The U.S. and Iran are heading into talks in Islamabad on Saturday working to Frankenstein some agreement between two different documents."
"White House press secretary Karoline Leavitt said Wednesday there was no way President Trump would accept Iran's version, which demands Tehran retain control over the Strait of Hormuz and receive reparations for the war."
"Trump moved Wednesday to dismiss the idea that any framework other than his own was on the table. In a post on Truth Social, he wrote: 'Numerous Agreements, Lists, and Letters are being sent out by people that have absolutely nothing to do with the U.S.A. / Iran Negotiation, in many cases, they are total Fraudsters, Charlatans, and WORSE.'"
Iran's parliament speaker, Mohammad Bagher Ghalibaf, stated that three clauses of the ceasefire framework with the U.S. were violated prior to negotiations. He cited ongoing Israeli strikes in Lebanon, a drone incident in Iran, and issues regarding uranium enrichment rights. The situation raises doubts about the feasibility of a bilateral ceasefire. The U.S. and Iran are preparing for talks to reconcile differing plans. President Trump dismissed alternative frameworks, emphasizing that only his plan would be considered, leading to confusion over the agreements.
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