S&P 500 — US Large Cap Index
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IPC Index — Mexico MarketAccording to a Reuters report, a senior Iranian official has rejected a temporary ceasefire called in the two-tier deal by the United States, which was delivered by Pakistan.
Remarks
Tehran has rejected any temporary ceasefire with the US.
Tehran has set preconditions for talks with US on ‘a lasting peace’.
Preconditions include an immediate halt to strikes, guarantees strikes will not be repeated, compensation for damages.
Under a permanent peace deal, Tehran demands fees for ships passing through Hormuz strait.
Fees would vary depending on type of ship, its cargo, prevailing conditions.
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