Iran Rules Out Taking the First Step Towards Negotiations With the US - Forex News by FX Leaders
Iran in Focus

Iran Rules Out Taking the First Step Towards Negotiations With the US

Posted Wednesday, May 22, 2019 by
Arslan Butt • 1 min read

Iran’s President Hassan Rouhani has ruled out the possibility of holding talks with the US even as tensions continue to boil over in the Middle East. Trump, however, believes that Iran will take the first step towards initiating negotiations with the US whenever they are ready.

Ever since US ended sanction waivers effectively banning Iran from exporting crude oil, geopolitical tensions have been building up in the Middle East over attacks in Saudi Arabia and off the coast of UAE.

Iran has also strengthened its stance against the US, with Rouhani stating that his nation will not “bow its head in face of bullies”. The Us government too is facing criticism from opposition Democrats over escalating tensions with Iran.

Check out our free forex signals
Follow the top economic events on FX Leaders economic calendar
Trade better, discover more Forex Trading Strategies

About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
Related Articles
The Euro has entered another bearish phase after Mario Draghi mentioned rate cuts today
2 hours ago
OPEC and its allies shifted meeting from June to July mid. The agenda is to discuss extending output cuts, after talks between Russia and...
7 hours ago
Comments

Leave a Reply

avatar
  Subscribe  
Notify of