Iran reviews US response on Strait of Hormuz and blockade talks – Reuters
Iran is reviewing the United States (US) response to its proposal aimed at ending hostilities, a senior Iranian official told Reuters on Wednesday, signaling that diplomatic efforts between Tehran and Washington remain underway. According to the official, reopening the Strait of Hormuz and lifting the US blockade were among the issues discussed during indirect talks between Iran and the US on Tuesday. The Iranian official also said that Tehrans key priorities are permanently ending hostilities and securing the lifting of the US naval blockade. Discover more financial Finance Blockchain development tools Key takeaways Tehran is reviewing US response to its proposal to end hostilities. During indirect talks with US on Tuesday reopening hormuz strait and lifting US blockade were discussed. Irans key priorities are permanently ending hostilities and lifting US naval blockade. Still many differences remain between Iran, US positions, but diplomacy continues. Market reaction Market reaction remains relatively contained, with the US Dollar Index (DXY) trimming some gains but still up 0.47% on Wednesday, slightly above 101.00, while West Texas Intermediate (WTI) US Oil also pulls back but remains 1.47% higher at around $90.80 per barrel. WTI Oil FAQs WTI Oil is a type of Crude Oil sold on international markets. The WTI stands for West Texas Intermediate, one of three major types including









