Iran does not have a prime ministerial position, but recently Iranian officials have mentioned a "constructive proposal" with America, which is boosting a new phase of negotiations. These news have led to a rise in oil prices in global markets and in cryptocurrency markets. This article will analyze the details of this event, the background, impacts, and future possibilities.

Background: History of Iran-US tensions

Since July 2025, there has been intense conflict between Iran, Israel, and America, with American and Israeli airstrikes claiming thousands of lives. President Donald Trump has issued an ultimatum to open the Strait of Hormuz by Tuesday (April 7, 2026), or else threatened "hell". Earlier in March 2026, America sent a 15-point peace plan, to which Iran responded with its own 10-point proposal.

Recent development: Discussion of the "constructive proposal"

On April 6, 2026, Iran proposed a 10-point ceasefire with America, including stopping attacks, opening Hormuz, and lifting sanctions. Foreign Minister Abbas Araghchi and other officials termed this as "constructive", but it is not happening through direct talks, rather through mediators like Pakistan and Oman. Earlier in March, Iran had stated that "there are no negotiations", but now discussions are ongoing on a 45-day ceasefire proposal.

Immediate impact on markets

These news have led to a 5-7% rise in crude oil prices, as fears of the Hormuz blockade have eased. Cryptocurrency markets like Bitcoin and Ethereum, as well as stocks, have also seen a rise due to decreased geopolitical risk. If negotiations succeed, countries like India that import oil will benefit, but failure will propel towards war.

Mediations and secret talks

Pakistan, Egypt, and Turkey are mediating, while Trump's envoy Steve Witkoff and JD Vance are preparing. Iran has rejected several proposals, but now secret discussions have reached a decisive stage. The IRGC has issued a warning about a new security arrangement.

Future possibilities and analysis

The next 24 hours are crucial: success will lead to peace, while failure will lead to attacks on power plants. Iran's constructive approach is encouraging, but Trump's rigidity increases tensions. It is essential for the global economy, especially for Asia, to monitor this situation.