Iran Responds to U.S. Peace Proposal via Pakistan Mediator

Iranian state media reported on Sunday that Iran has formally responded to a United States proposal aimed at ending the ongoing war in the Middle East. The response was delivered through Pakistan, which is acting as a mediator in the negotiations. While the specific content of Iran's reply remains undisclosed, officials indicated that current talks are focused on terminating regional hostilities. This diplomatic development occurs amidst continued military tensions, as both sides exchanged fire in the Persian Gulf just a day prior, despite a temporary ceasefire agreement announced over a month ago. Iran continues to block shipping traffic through the Strait of Hormuz, causing significant disruptions to global oil supplies and sustaining economic uncertainty. However, financial markets have recently rallied, and oil prices have decreased due to growing anticipation that a peace deal is imminent. U.S. Energy Secretary Chris Wright stated that Washington is still awaiting a clear resolution from Tehran regarding the latest proposal, emphasizing the American objective of restoring the free flow of traffic through these critical international waters.