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Iran Must Make ‘Meaningful’ Nuclear Enrichment Cuts to End War, US Vice President JD Vance Says

US Vice President JD Vance
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WASHINGTON: US Vice President JD Vance has said Iran must make a “meaningful” reduction in its nuclear enrichment capacity to help bring the war to an end, as diplomacy continues amid severe disruption to energy markets.

Energy markets watching diplomacy closely

The conflict has contributed to higher oil prices and inflation concerns, while the Strait of Hormuz remains a central issue for global energy flows. Washington and Tehran have exchanged proposals in recent weeks, but major differences remain over Iran’s nuclear programme and regional security.

Markets are closely watching any sign of diplomatic progress because a sustained reduction in tensions could affect oil supply expectations, inflation and interest-rate forecasts around the world.

Related: Middle East and world updates

Source: Reuters


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Imran Siddiqui

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