Key insights
- Internal conflict within Iran regarding the US negotiating team raises uncertainty about potential nuclear deal progress. This increases geopolitical risk, potentially impacting oil prices and market sentiment. Stalled negotiations could lead to continued sanctions and regional instability, creating a slightly bearish outlook for US equities due to increased uncertainty.
Investing.com -- Senior Iranian officials are in a dispute over the composition and authority of the delegation set to negotiate with the United States in Islamabad, according to Iran International.
IRGC commander-in-chief Ahmad Vahidi is seeking to limit the authority of Mohammad Bagher Ghalibaf and Foreign Minister Abbas Araghchi in the talks.
Vahidi has pushed for the inclusion of Mohammad Bagher Zolghadr, secretary of the Supreme National Security Council, in the negotiating team. Current members oppose this move, viewing him as lacking experience for strategic negotiations.
Vahidi and the IRGC Aerospace Force commander have emphasized that the delegation must avoid any negotiations over Iran's missile program.