Key insights
- Iranian Parliament speaker denies reports of US-Iran negotiations, accusing Western media of spreading fake news to manipulate financial and oil markets. This denial, amidst heightened geopolitical tensions, could lead to increased uncertainty and risk aversion in markets, potentially putting downward pressure on US equities due to concerns about oil supply disruptions and broader regional instability.
His tweet (auto translated):
Our people demand the complete and humiliating punishment of the aggressors. All officials stand firmly behind their Leader and people until this goal is achieved. No negotiations with America have taken place. Fake news is intended to manipulate financial and oil markets and to escape the quagmire in which America and Israel are trapped.
https://x.com/mb_ghalibaf/status/2036108959417827447
The Jpost article: https://www.jpost.com/middle-east/iran-news/article-890939
Iranian Parliament speaker Mohammad-Bagher Ghalibaf is leading the talks with the United States, a source told The Jerusalem Post.
"We're dealing with the man who I believe is the most respected and the leader," Trump said.
If you have been following news about Iran you would know not to trust Western aligned media if their sources are not revealed. Keep this in mind for future market influencing news.