🚨 JUST IN: 🇮🇷 Iran’s Foreign Minister Abbas Araghchi says dialogue with the United States is no longer likely to remain on Iran’s agenda.
Tehran says negotiations with United States brought a “very bitter experience” after attacks occurred during talks.
Diplomacy may now be off the table.
This could be a major escalation in the Middle East crisis.
Iran says previous negotiations ended with military strikes during talks, which is why Tehran now believes negotiations with Washington cannot continue.
The statement comes as tensions between Iran, the United States, and Israel remain extremely high after recent strikes and retaliation across the region.
If diplomacy collapses completely, markets could face huge volatility:
• Oil supply risks in the Middle East
• Shipping threats near the Strait of Hormuz
• Global risk-off sentiment
For markets, this matters because the Middle East controls ~30% of global oil flows.
Any escalation → oil spikes, equities drop, crypto volatility rises.
Will this turn into full regional escalation, or will back channel diplomacy quietly restart?